asked 101k views
1 vote
What role does credit and debit play in spending strategies?

asked
User Stony
by
7.3k points

1 Answer

6 votes

Answer:

Step-by-step explanation:

Credit can help build or decrase your credit score which affects things in the future like getting a nice house or car. People with poor spending habits tend to have a low credit score making it harder to get loans too(since the bank wont trust you ). Debit is just a fee you pay making it a bit easier since you dont have a credit score

answered
User Yevgen Kulik
by
8.8k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.