qweeniipug qweeniipug
  • 12-09-2018
  • Business
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having a hard time understanding credits and debits

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MerakiAlien
MerakiAlien MerakiAlien
  • 12-09-2018
When a consumer is using a debit card it is coming directly from their bank account. As for credit it, it is charged to a line of credit (ex. money from the bank) that you will be charged for later.
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ArielaAriela
ArielaAriela ArielaAriela
  • 12-09-2018

Debit Card = Money that you already had in your bank account.

Credit Card = Money borrowed from the bank. You have to pay the fixed rate of the interest by a deadline.

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