Which of the following statements is true regarding the difference between credit cards and debit cards?
Responses

Consumers can use debit and credit cards the same way; however, payment to the business takes a few days if a credit card is used.

Consumers cannot use credit cards to pay for goods and services the same way they can use debit cards.

Debit cards incur interest charges with each purchase, and credit cards do not.


A credit card is actually currency loaned to a consumer to pay for things, and it must be paid back; debit cards deduct money directly from a bank account.