 What do u think about opening more than one bank account? |
| do u think its advisable to open more than one account? why? or why not?... |
|
 I have a credit score of 664? |
| can someone tell me what exactly what that means. is that good or bad. i think its ok. give me the ... |
|
 Where can I apply for a loan even though I have really bad credit.? |
| I want to be able to consolidate my bills into one payment. I already have a home equity loan but my bill does not go down. Where can I apply for a loan?? Please help...... |
|
 Hiding money from my wife? |
My wife has severe spending problems. I am in the military, and she is starting her own daycare, but currently doesn't have an income.
A few months ago, I received $28,000.00 from my ... |
|
 My bank just charged me for a failed Standing Order? |
| Hi, my bank charged me £25 for a standing order that was not sent out. I admit, I did make a mistake entering the date - it should have been 2 days later, but regardless, they charged me £25 for a ... |
|
 Alot of these loans people are telling about are from Nigeria. are they a scam? |
| they say they need money for non residential certificates. Is it for real how do you find out????... |
|
 Can you help me what I should buy from my christmas money? |
I received 600dollars cash during christmas holiday and I still have the cash with me, and maybe you guys can suggest what I should buy.
Thank you.
Additional Details
I have TV ... |
|
 10 Points: What are all the living costs I should take in account when buying a house? |
My fiance and I want to buy a house and I am in charge of figuring the cost. I need a list of things that will be a cost to us such as water, heating, garbage.
I have water, hearing and garbage..... |
|
 If a loan company goes bankrupt do you have to pay the loan back? |
Additional Details
i was about to send them a check for the amount but i found out they went bankrupt do i have to pay it ... |
|
 How do i get cash...FAST?!? |
i need 1500 for a ticket, and i need the cash SUPER FAST.
something that isnt nasty or anything related to gambling..etc.
HELP PLEASE!
Additional Details
and something ... |
|
|  |
Love&Peace | What's the difference between how credit cards and debit cards operate? |
thnx 4 answering |
 |
 
sarell
|
Debit take out staright away. You have to have the money or overdraft in place to get this. Or you would get overdrawn fees. Overdraft is much cheaper.
Credit give you about four or five weeks to pay from when you bought. Plus interest if it is applicable because you don't pay the full money every month. If you in full every month this is better for you because if you miss a payment they then waver the fees. |
|
RainCloud
 |
Debit cards have the funds automatically withdrawn from your bank account where as credit cards are charge accounts that you must make payments on and your credit limit is based on your credit. |
|
qman
|
I've trashed all my credit cards and am 100% cash and debit. Live debt free!! |
|
lukaj2003
|
Age:
Credit cards are for 18+
Some Debit Cards are for under 18s (Such as Bopo)
Function:
Credit cards are really mostly if you have a fixed income. With a credit card you can put money onto it and spend that money and also spend money you don't have to a certain maximum, if you don't pay the dept you will have to pay small instalments (like a mortgage) otherwise you may have some things repossessed (worst case scenario).
Debit cards on the other hand work similarly but you cannot use them if you have no money on them (thus under 18s are trusted with them, and credit checks are not needed).
Uses:
Credit Cards are for all round needs and can provide emergency cash.
Debit cards are mainly for purchasing off the Internet, thus having lower fees.
Hope that answered your question. |
|
mo_rashad
 |
in case of debit cards you have to have money in your account which is not the case with credit cards. |
|
johnny N
|
well.... Excellent !!!...most of them are really good when it comes to credit and debit..."wi Chinise...spiks...in bisnis tirms... BUT ...YUR CRIDIT IS GUD BUT WI NID CASSSHHHH.!!! NO CRIDIT NO DIBIT! |
|
tom4bucs
|
All good answers
and there is also a catch - some credit cards offer a REALLY low
APR (Annual percentage rate) for interest - U N T I L
you miss a payment - and then 9.99% goes to 24% - W O W!!!
and you will be sorry - |
|
dom n olli
 |
a debit card is linked to how much money u have to spare in your account, it will only take out to that amount, a credit is a lone, u pay interst on this and is not a good way to buy anything |
|
toodgs
 |
with credit cards you spend some one elses money and the bank charges you interest ,,,with debit cards you spend your own money and the bank charges you fees |
|
jewelking_2000
|
Debit cards take the cash straight from your bank.
Credit cards allow you to choose how much to repay them after an interest-free period. They also can offer you perks for staying with them. They make their money out of high interest charges. If you are very good with your finances they can be useful, they can however be dangerous for the spendtrifts amongst. If in doubt don't get one. |
|
DK
|
I think debit cards are usually tied to your bank account, so your money is directly, and instantly, taken out of your bank account to handle any purchase.
Your credit card is an account completely separate from your bank account. When you charge on your credit card, you just pay the bill later on after each billing cycle.
The danger of using your debit card in public too much, though, is that you'll be using your PIN number a lot in public places. You don't want that kind of information to fall into the wrong hands, so I generally prefer to use my credit card over my debit card. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
12 | 12 minutes(s) ago
| | | |
11 | 46 minutes(s) ago
| | | |
11 | 48 minutes(s) ago
| | | |
10 | 3 hour(s) ago
| | | |
11 | 8 hour(s) ago
| | | |
11 | 9 hour(s) ago
| | | |
15 | 10 hour(s) ago
| | | |
11 | 11 hour(s) ago
| | | |
11 | 1 day(s) ago
| | | |
11 | 3 day(s) ago
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
