Banking Terms and loans

Loans

Money that is borrowed and that is expected to pay back in a period of time
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BANKING TERMS

You can store money in your bank and online you can store money into your bank from your debit card
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credit card

A credit card is issued by a credit card provider, like Capital One, and they are designed to pay for things in shops or online. You can use your credit card worldwide as they are accepted in millions of places at home and in different countries, so they are very usefull in any language. When you get a credit card you will be given a credit limit.
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debit card

A debit card is a form of a credit card, but is electronically coded to your bank.
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Overdraft

A overdraft is when you ask a little bit extra to keep you going until you are next payed
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