What is the difference between a debit card and a credit card? OA purchase with a debit card you never have to pay for. A credit card comes directly from your checking account. O A debit card purchase comes directly from your checking account. A purchase with a credit card you never have to pay, ever. O A debit card has your purchases come directly from your checking account. A credit card collects the amount that you spend the entire month. If you do not pay the entire balance, you will have to pay interest. O A debit card collects the amount you spend over the month and sends you a bill. If you do not pay the whole bill, you have to pay interest. A credit card purchase comes directly from your checking account.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter4: Going Into Debt
Section: Chapter Questions
Problem 29AA
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What is the difference between a debit card and a credit card?
A purchase with a debit card you never have to pay for. A credit card comes directly from your
checking account.
O A debit card purchase comes directly from your checking account. A purchase with a credit card you
never have to pay, ever.
O A debit card has your purchases come directly from your checking account. A credit card collects the
amount that you spend the entire month. If you do not pay the entire balance, you will have to pay
interest.
O A debit card collects the amount you spend over the month and sends you a bill. If you do not pay the
whole bill, you have to pay interest. A credit card purchase comes directly from your checking
account.
Transcribed Image Text:What is the difference between a debit card and a credit card? A purchase with a debit card you never have to pay for. A credit card comes directly from your checking account. O A debit card purchase comes directly from your checking account. A purchase with a credit card you never have to pay, ever. O A debit card has your purchases come directly from your checking account. A credit card collects the amount that you spend the entire month. If you do not pay the entire balance, you will have to pay interest. O A debit card collects the amount you spend over the month and sends you a bill. If you do not pay the whole bill, you have to pay interest. A credit card purchase comes directly from your checking account.
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