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    RedneckMomma1's Avatar
    RedneckMomma1 Posts: 1, Reputation: 1
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    #1

    May 15, 2012, 09:42 AM
    What happens when you make a purchase using a credit card?
    What happens when you make a purchase using a credit card?
    A. The credit card issuer pays the store.
    B. the money is immediately deducted from your account.
    C. The amount of the purchase is deducted from a prepaid account.
    D. The place where you made the purchase receives the money within 24 hours.
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #2

    May 15, 2012, 09:51 AM
    What do YOU think ?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    May 15, 2012, 11:40 AM
    Is there a fourth option, like all of the above or something else,

    What type of creidt card, there are secured cards where there is a balance

    Some credit card contracts with stores do pay the store within 24 hours, others do not.

    Also terms, like deducted from account, not charged to account ?
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