QUESTION IMAGE
Question
which statement is true of both debit and credit cards?- obscured option trap you in an endless cycle of debt if youre not careful○ both allow you to make purchases in a store or online○ both typically have interest rates between 10-30%○ both require you to pay a minimum monthly payment when your bill arrives
Brief Explanations
- Debit cards use your own funds, so they don't lead to debt, have interest rates, or require minimum monthly payments.
- Both debit and credit cards are widely accepted for in-store and online purchases as payment methods.
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Both allow you to make purchases in a store or online