Why do people prefer to use credit cards instead of debit cards ?
Question by Nassim: Why do people prefer to use credit cards instead of debit cards ?
As far as I know, credit cards involve paying interest rates to the bank wich costs additional money on top of the purchases price. On the other hand debit cards are free when used in offline and online purchases, so does anybody know why people prefer to use credit cards instead of debit cards ?
Best answer:
Answer by sporregar
Debit cards aren’t necessarily free to use. My credit union allows 4 transactions per month free and then you have to pay a fee per transaction after that. Some stores also charge a fee to use a debit card.
If you pay your credit card balance in full each month you don’t pay interest so you’re coming out ahead there. Also, debit cards get deducted immediately and many people are walking a thin line with overdrafting and can’t afford the fees for that.
Many people like to have what they want when they want it and don’t mind paying the interest on the credit card because they can just pay the minimum due. They can keep up with the Joneses that way and not worry about actually paying off what they owe.
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Are there any kind of Payday Advance that pays with MoneyGram or Western Union instead of a bank account?
Question by darrellbuckman: Are there any kind of Payday Advance that pays with MoneyGram or Western Union instead of a bank account?
I am needing a payday advance loan that I can apply for on-line, but I don’t have a bank account. Are there any services like that, that will loan me via Money Gram, or Western Union? I need the money by tomorrow evening, but I can’t go all the way to the actual location, the closest thing is a walmart or publix money services. Please help me!
Best answer:
Answer by gameboyxp20
No,
No Payday Loan companies will loan you money without a bank account. You can get a bank account for people with bad credit.
The only other option is a pawn shop. They will take an item worth let’s say $ 1,000 and give you a loan of say $ 250. If you payback in 30 days then you get your item back, if not, then they sell it. Things like Rings, TVs, Computers, etc. Call them and ask them what they want. Look it up online or in your local phone book.
You will need an ID and you will need to fill out paperwork in case it is found that your collateral is stolen, they can then turn you into the police. With certain pawn shops, you don’t need a checking account, just an ID and a piece of mail and an item of value as far as I know.
Good Luck.
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