Credit Demystified
Chapter 1: The Difference Between Debit and Credit Cards
The Difference Between Debit and Credit Cards
At the completion of this section, you will be able to:
- Define common banking terms including principal, simple interest, compound interest, APR, APY, and DPR
- Summarize the key differences between how debit and credit cards work
- Outline the difference between how cases of debit card and credit card fraud are resolved and the impact of fraud on the account holder
- List one advantage and three disadvantages of using a debit card for purchases
- List one disadvantage and three advantages to using a credit card for purchases
IN OTHER WORDS, at the completion of this section YOU will know exactly what you want to do in terms of debit and credit cards. And WHY. Then you’ll leverage your knowledge, claim your power, and put them to use in YOUR favor.
next >> Section 1.1: Basic Terminology
Elizabeth Starr Harden, LLC
2nd Edition
Copyright © 2018-2020
2nd Edition
Copyright © 2018-2020
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