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Credit cards are unstructured debt accounts linked to a plastic card that allows the holder to make purchases from retailers that accept the card. Common credit card networks in the U.S. include Visa, MasterCard, Discover, and American Express.
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What's the difference when asked for "debit or credit" by a store when using credit and debi...
I'm surprised by all the pro-credit answers here, debit has some definite advantages.
Most importantly, when you pay with a credit card, the merchant pays around 3% of the transaction to the credit c …