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Personal Management


Cocolin the Ninja

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"What extactly is a debt card????????none of these people have heard of it."

 

Do you mean a Debit card? A debit card is used similar to a credit card except that the account the card is tied to would have a positive balance. Then each transaction would deduct (or debit) from the account balance. Normally debit cards are attached to checking accounts.

 

I think "debt card" is a fairly reasonable name for a credit card, at least for those people that carry a balance month to month.

 

SWScouter

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