Question

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

Answer 1

When you make purchases with a credit card, you're not actually spending any of your own money at that moment. Instead, you're spending the credit card company's money which you then have to pay back, potentially with interest. Debit and credit cards also differ in terms of their credit score impact.

Step-by-step explanation: