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What is debit?

ex of debit - debit card and cash

  • business -

    http://www.dictionary.com/browse/debit?s=t

    The opposite of income.

  • business -

    need debit card to

    Purchases
    Payments
    Transfers

    Advantages
    PIN Number Can Keep Your Account Safe
    Easily Accessible
    Peace Of Mind
    Disadvantages
    Information Can Be Stolen
    Must Actively Monitor The Use Of The Card

  • business -

    Right.

  • business -

    While all these are correct, how do you reconcile #1 and #4?

    Advantages
    1. PIN Number Can Keep Your Account Safe
    2. Easily Accessible
    3. Peace Of Mind

    Disadvantages
    4. Information Can Be Stolen
    5. Must Actively Monitor The Use Of The Card

  • business -

    Information can be stolen if you don't keep pin number safe

  • business -

    What is Credit?
    Example of credit:
    What do you need to obtain a credit card:
    NEED to be 18 or older
    Social Security Number
    Full Name
    DOB (Date Of Birth)
    Physical Address
    Estimated Annual Gross Income

  • business -

    Yes, right.

    Re credit -- yes, all those items are needed to get a credit card, but what do you think is the final deciding factor? Or a factor that sets a person's spending limit?

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