Credit Comin (P4 Com Con)
Comic explaining the difference bewteen credit and debit, and when to use the right one
Hey! I'am Going to pay at the register, what should use? Debit or Credit? Cant tell which one is better
Use Debit, Not Credit. Credit is the ability to borrow money in return for a promise of future payment, why do that when you can simply pay right now!
but what happens if I use credit instead of debit?
Lets say, you use credit to buy a whole meal for $30, if your interest rate is 15% per year, you would have to pay $34.50 at the end of the year.
Oh, so I should use debit for this purchase for my meal?
Yes! you simply enter your PIN and the funds are deducted from your bank account immediately
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