Submitted by gamerdudeNYC t3_yk5b64 in jerseycity
a_trane13 t1_iutrfy3 wrote
Reply to comment by Mother-Dragonfly7595 in PSA: Employee at The Ashford stealing credit cards by gamerdudeNYC
Credit means a creditor is literally lending you their money. They have enough cash flow and assets to borrow against to do that. Same as a house or car loan.
Debit cards spend money that is specifically yours, held by the bank.
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