A debit card differs from a credit card in that
A. a debit card is a loan while for a credit card purchase, payment is made immediately.
B. a debit card is a long-term loan while a credit card is a short-term loan.
C. a credit card is a loan while for a debit card purchase, payment is made immediately.
D. a credit card is a long-term loan while a debit card is a short-term loan.
Answer:C
A debit card differs from a credit card in that
A. a debit card is a loan while for a credit card purchase, payment is made immediately. B. a debit card is a long-term loan while a credit card is a short-term loan. C. a credit card is a loan while for a debit card purchase, payment is made immediately. D. a credit card is a long-term loan while a debit card is a short-term loan.