So Credit card: you borrow money from the bank & have to pay it back by the end of the month. If you dont (pay it back by the end of the month) , you'll be charged extra with what you owned them. Debit card: youre using your own money, not the banks money, so therefore, you wont be in any depth. & if you dont have enough money on your bank acc, your card will be declined & you'll have to pay with cash. My questions: How do i pay my depht? Can i pay in my depth after a week instead of by the end of the month?
Good question, however there is no general answer as each provider has different payment deadlines and fees etc. some may offer 30 days whilst others might offer 18 months. You need to check with each provider specifically 👍
Thank you for making this clear for me!
Glad it was helpful!
So
Credit card: you borrow money from the bank & have to pay it back by the end of the month. If you dont (pay it back by the end of the month) , you'll be charged extra with what you owned them.
Debit card: youre using your own money, not the banks money, so therefore, you wont be in any depth. & if you dont have enough money on your bank acc, your card will be declined & you'll have to pay with cash.
My questions:
How do i pay my depht?
Can i pay in my depth after a week instead of by the end of the month?
Fabulous explanation thank u soo much😄.....
Really pleased it was useful 👍
pls whats the time limit to pay off your debt on your credit card
Good question, however there is no general answer as each provider has different payment deadlines and fees etc. some may offer 30 days whilst others might offer 18 months. You need to check with each provider specifically 👍
This is so useful
Glad we could help!
Thanks
You're welcome, hope it helped.
This is for paying with credit card.
Ok.
Thank you
You're welcome 😁