Source for credit cards
Products 
Free
StuffSite
Map 
|
Source for credit cards
Products Free
StuffSite
Map
|
|
Basics of Credit Card
 Credit card processingBest credit cardsCredit cards banksBusiness credit cardsTeen credit cardsSmall Business credit cardsInstant Approval Credit CardCredit Card Types
Types of credit cardsSecured credit cardsUnsecured credit cardsStudent credit cardsPrepaid credit cardsCash back credit cardsVisa credit card applicationsVirtual credit cardCredit Card Issues
Credit card fraudCredit cards for bad creditCredit card debtHidden Costs In Credit CardsCredit CounselingDebt ConsolidationCredit Card Late FeesIdentity TheftInfo On Credit Card
Free credit cardsCredit cards with rewardImportant credit card infoAirline credit cardsInternet credit CardCredit cards balance transferStudent Credit Card GuideLow Interest Credit CardsCredit Card Number GeneratorFree Newsletter
Stay updated, sign up for our free newsletter to receive useful tips
*Full Name *Email Id   
|
|
Debit In basic accounting terminology a "debit" is a purchase or expenditure. As this concept relates to credit card transactions, a debit is the same thing as a purchase, a charge, or a transaction. It represents money owed by the cardholder to the card issuer for a purchase made. On a credit card statement, debits are added or tallied to represent a total balance owed at the end of the billing period. Exactly the reverse would occur in a checkbook register, for instance. In that case the holder of the account has a certain amount of money in the account from which debits are subtracted thus reducing the balance. In a credit card account debits increase the balance owed, thus a debit represents a debt. A debit card however is the equivalent of a checking account scenario. The card holder has a given amount of money "on" the card. Purchases (or cash withdrawals), which are debits, are subtracted from that amount. Unless the cardholder adds additional funds to the debit card, the amount will ultima tely reach a zero balance. More Credit-Card Terms Explained |
|
|
|||||||||
Home |  |  | Privacy Policy | Disclaimer |  | Copyrights | Contact Us |
