STUDENT LOANS AND DEBTS

LOANS

LOANS AND DEBTS IS MONEY THAT IS BORROWED AND IS PAID BACK OVER A PERIOD OF TIME.
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OVERDRAFT

A OVERDRAFT IS WHEN YOU ASK A LITTLE BIT EXTRA TO KEEP YOU GOING UNTIL YOU ARE NEXT PAID
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DIRECT DEBIT

Direct debits are a way to pay regular bills from your current account (such as your council tax or TV licence).

You can set up a direct debit by signing a direct debit mandate form, by going into branch or calling your bank. A direct debit can be set up to pay on a particular date every month, quarter or year.

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CHIP AND PIN

Chip and PIN is a UK government-backed initiative to implement the EMV (short for Europay, Mastercard and Visa) standard for smart payment cards. A similar effort is also underway in the Republic of Ireland.
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DEBIT CARD

A debit card is a form of credit card,but is electronicly coded to yourbank account.
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