 My brother stole my credit card and went shopping online? |
| he took the card one night and i get this huge bill. i hate him right now. he wont pay for anything. now he left the other night back to new york. am i going to pay for his mistake? or do the credit ... |
|
 How long after having a credit card is it ok to request a limit increase? |
Assuming you have paid on time and made substantially higher that minimum due payments.
Additional Details
It in fact would be a so to say "temporary fix" for vacation costs. I... |
|
 Who invented credit? |
| You know, the whole idea of "buy/borrow now, pay later" but with added interest?... |
|
 Is no credit worse than bad credit? |
| As far as I am concerned Ihave no credit. I have just recently got a student loan, I don't know if that made my credit bad or not. How can I get good credit? I don't want to apply for ... |
|
 If i am filing for bankruptcy next month will i get introuble if i use up on my? |
| credit cards this month? I already bought alot last month and this month is it ok?... |
|
 Does anyone know how to get rid of columbia house records? |
| I bought some dvd's last christmas and now they are always going into my checking account taking money out and mailing me dvd's that I dont want. I can never talk to anyone at customer ... |
|
 I have a serious problem on my hands! I had some money saved up and i went out to find me a used SUV? |
| I set out to find a way to restablish my credit, and my girlfriend gave me 7 grand to put down on a used car. Now, by being so excited, i didnt care what happened, i just new i had cash and i found ... |
|
 I CANT GET APPROVED FOR A CREDIT CARD NO CREDiT? |
| what credit card can i get i have no credit. i know how to spend stuff im only gonna buy like cheap stuff and pay it off each time. is there other ways to build credit?... |
|
| Credit card company threatening to take money !!? |
| I had a credit card with halifax bank a few years back , i basically got behind with the payments and eventually stopped paying , after several letters , i rang them up and explained difficulties in ... |
|
 Is there a way to remove old paid off debt from my credit history? |
| I am trying to build my credit back up after some stupid things I did as a 20 year old. I had some deliquent credit payments about 5 years ago or so, that I eventually paid off in full about 4 years ... |
|
 What can i do about ex husbands girlfriend pulling my credit from her work? |
| My soon to be ex husbands girlfriend obtained my social security number and pulled a hard inquiry on my credit. She is employed at a mortgage lender, which is where the inquiry came from, although a ... |
|
 Why can't I get a unsecured credit card? |
I'm trying to rebuild my credit rating but nobody wants to seem to help!
Additional Details
they keep sending me applications for uunsecured cards and then reject the applications.... |
|
 Do anyone know of a reputable Credit Repair Agency? |
| I have several charge offs, and collections items on my credit report. I would like to get these items removed. The biggest challenge is with Experian they do not delete anything. I would like to ... |
|
 When one has bad credit, is it beneficial to accept the offers of the cards claiming to help rebuild credit? |
| Or if trying to rebuild your credit, would it be better to just start paying on the bills that are delinquent and trying to make a settlement with the company? I had a hard time in the past and was ... |
|
 Collections agency ? |
| what should i do if they keep calling me? and they already know my address and what if they come to my house and try to do something? i owe a debt of $1000 gambling online because they gave me free &... |
|
 What does payee mean? |
| On a recipt you have to write who is the payee and who is the payer?... |
|
 Bankruptcy claimed 2 years ago and credit card that was included is still showing up on my credit report? |
| Please help I'm not sure what I need to do. I just applied for a small personal loan thru my credit union. I was denied because of what they said was a current debit. (A credit card that was ... |
|
 How do I improve my credit score? |
| I am trying to buy a house and need to improve my credit and within the next 4 months. What is the best way of moving forward. I only have 2 small negative items, and have never owned a credit card.... |
|
|  |
celic_0530 | What's the difference between debit card and credit card? |
I prefer the one which is more convenient to use, no hidden charges, but have more rebates! Haha |
 |
 
Rhoni
 |
Debit usually comes right out of your checking account..OR, you can get prepaid Debit cards with a number right on it like a credit card so you can order online and such just like a credit card but it already has the money on it, OR..like I said comes right out of an account.
There is NO rates or anything...you just have to have the money in an account!
Credit Cards are on Credit only and have finance charges and hidden fees, annual fees sometimes and will put you in DEBT! |
|
Robert
|
A debit card typically comes directly out of your checking account and is similar to writing a check. On the other hand, a credit card charges the amount toward your credit which you will have to later pay back. I don't know about all debit cards, but mine is a Visa card, so you get the convenience of nearly universal acceptance and no fees whatsoever. |
|
UseAHatTrcikPlease
|
A debit card takes payments directly from your bank account. Credit card, you just spend as you want, but you get billed monthly. |
|
Grapes of Wrath
|
Debit Cards are basically storage for your money. You load it with cash, and use it to pay... You do not pay any bill for it because it is your money converted to electronic form. So you use your card instead of cash to pay. Most of the time, it is linked to your bank account, and sucks your deposit as you pay or withdraw from ATM.
Credit Cards can be used for paying stuffs, then you pay your bills to the bank that issued it. You must pay on or before your due date to avoid penalties. That's how the banks earn. Else, you'll be paying a hell lot of penalty.
Just look up in the dictionary what Debit and Credit means and you'll have a good sense of what they mean. (= |
|
Laura S
|
a debit card is using the money from your bank account. so you are using your OWN money, therefore you cant get a big bill and go into debt.
however on a credit card, you are using borrowed money. the good thing is that you can spend your money before you have it, but the bad thing is that if you dont EVER have then money, you can still go into debt.
by the way usually if your under 18 you cant get your own credit card, you can only have one your parents got but is in your name. but depends how old you are :) |
|
wayneraltman
|
Great Question!! A Debit card is issued by the bank and withdraws money from your specific account.
A Credit card is issued by a lender and is a loan you agree to repay.
The things you buy with a Debit Card incur no interest payment because they are just like cash.
You agree to pay interest on the things you buy with a Credit card, or a monthly fee to use it.
The responsible use of a Credit Card will help build your credit file. A Debit card does not do this, rather it again is like cash.
Hope this clears things up! If you want to know more I have written a book "When Bad Credit Happens To Good People" in it there are excellent tips, and resources to help you understand your credit better. |
|
Sarab
 |
Then use a credit card and make sure you PAY IN FULL EVERY MONTH. In that way you will get no fees, no interest, and earn rewards.
Here are your options: http://www.cardhub.com |
|
banker
|
debit card is the card a bank would give you to use when you open a bank account, you can only spend what you have. a credit card on the other hand..........is a card where a company such as AMEX, Mastercard, Visa gives you card with a limit depending on how much you qualify for that you can make purchases up to that limit and not exceeding however you have to pay them back @ exhorbant interest rates........not nice but convenient. |
|
david.hutchings3@btopenworld.com
 |
a debit card the money comes out of your bank account you use this card for taking money out your account or to pay for things on the net.there is no charge for this.but a credit card you use to buy things on the net or any where else but you have charges to pay.if you do not want to get in debt then stick with a debit card as you can only spend what you have in your bank account |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 4 minutes(s) ago
| | | |
9 | 31 minutes(s) ago
| | | |
9 | 1 hour(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
8 | 3 hour(s) ago
| | | |
8 | 4 hour(s) ago
| | | |
9 | 6 hour(s) ago
| | | |
9 | 8 hour(s) ago
| | | |
7 | 9 hour(s) ago
| | | |
9 | 11 hour(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
