Debit Card Vs. Credit Card, What Are The Differences?

Written by James Dimmitt

Ah,repparttar “good old days”. If you are a baby boomer, like me, then you probably remember how important it was to rush torepparttar 138914 bank on payday. You had to get there beforerepparttar 138915 teller lanes closed so that you could have your “cash allowance” forrepparttar 138916 week. Otherwise, if you needed cash you had to write a check, then go torepparttar 138917 bank, and “cash”repparttar 138918 check for real cash.

Fortunatelyrepparttar 138919 days ofrepparttar 138920 mad rush to get cash fromrepparttar 138921 bank are long gone. We now enjoyrepparttar 138922 convenience of using a nearby automatic teller machine (ATM) or you can even get “cash back” at your local grocery, hardware or convenience store.

The card you use atrepparttar 138923 ATM is known as a debit card. When debit cards first appeared it was easy to tell them apart from credit cards. Debit cards didn’t have a credit card company logo on them; instead, they usually just had your bank name, your account number and your name.

Today debit cards look exactly like credit cards even carryingrepparttar 138924 same logos. Both types of cards can be swiped atrepparttar 138925 checkout counter , used to make purchases onrepparttar 138926 internet, or to pay forrepparttar 138927 fill-up atrepparttar 138928 gas pump.

When you use your debit card to make a purchase, it’s just like using cash. The account that is attached to your debit card, in most cases your checking account, is automatically debited when you use your debit card. The cost of your purchase is deducted fromrepparttar 138929 funds you have in that account.

Onrepparttar 138930 other hand, when you use your credit card to make a purchase you are using someone’s else’s money, specificallyrepparttar 138931 issuer ofrepparttar 138932 credit card, usually a banking institution.

In effect, you agree to pay them backrepparttar 138933 money you borrowed to make your purchase. In addition you will also pay interest onrepparttar 138934 money “loaned” to you atrepparttar 138935 rate which you agreed to when you applied for their credit card. This is known asrepparttar 138936 annual percentage rate (APR).

Whilerepparttar 138937 two cards might act and look alike,repparttar 138938 levels of consumer protection that each type of card provides can be different.

Under federal law, if someone steals your credit card you're only responsible to payrepparttar 138939 first $50 of unauthorized charges. However, if you notifyrepparttar 138940 credit card issuer before a thief is able to make any charges you may be free from all liability. Ifrepparttar 138941 credit card is not physically present when an unauthorized or fraudulent purchase is made, such as overrepparttar 138942 internet, you’re also free from liability for those charges.

What You Should Know About Acne

Written by Amber Lowery

There are many different types of acne and with that come many theories, myths, and treatments. The exact cause of acne remains a mystery. Why some pores are affected by acne and others aren’t, is not known. Each case of acne is as complex asrepparttar individual battling it and a treatment that works on one person’s acne may not work on yours.

Acne obviously has physical effects but it can also have psychological effects, especially in teens. Most teenagers already feel awkward and different, add acne torepparttar 138830 equation and they are identifiably different. Most teenagers with acne tend to have lower self esteem, than their peers with clear skin, and are not involved in as many activities.

Adult acne is onrepparttar 138831 rise and can also be very difficult to deal with. Due torepparttar 138832 changes that our skin goes through as we mature, scarring is often worse in adults with acne than in teens with acne. Adults with acne are also less likely than teens to seek treatment for their acne, leaving them to suffer alone.

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