can sombody explain to me what is the diffrence between a credit card and a debit card.And how to get money quick but not any thing illegal.
2006-08-07 05:02:42 · 5 answers · asked by The REBELution! 3 in Business & Finance ➔ Credit
Credit card is borrowed money until you pay it off each month - you can carry over the debt and pay a minimum amount - but outstanding balances are charged interest.
Debit Card is money taken out of your checking account directly.
Use debit card if you have money in the account. Or use a cash advance feature on your credit card. They give you money, but you have to pay interest and fees.
2006-08-07 05:07:53 · answer #1 · answered by Sirena 5 · 0⤊ 0⤋
A debit card is linked directly to your bank account so instead of writing checks you can have any kind of purchases withdrawn from your account. It doesn't have anything to do with your credit history. A credit card on the other hand will have a limit of so much you can spend. It does affect your credit history. You will be charged finance charges on your outstanding balance and you will have a date that a minimum payment is due.
2006-08-10 01:44:13 · answer #2 · answered by ladycashmere79 1 · 0⤊ 0⤋
Millionaire Wealth Building Reduce Debt And Sustain Your Wealth
By: Terry Vermeylen
2006-08-07 12:32:45 · answer #3 · answered by Anonymous · 0⤊ 0⤋
The above explains debt and credit cards - there is no way to make money quick (legally) unless you win the lotter or invent something and even then you have to market it and sell - a bit of imagination and a lot of determination is what you need to make money - remember easy come easy go - work hard and build your business from solid ideas and foundations - then you will make money and keep it.
2006-08-07 12:18:16 · answer #4 · answered by MSMORTGAGE 3 · 0⤊ 0⤋
Get a job. You will get money every 2 weeks.
2006-08-07 13:20:34 · answer #5 · answered by Jim R 5 · 0⤊ 0⤋