Good Credit vs Bad Credit Good credit and bad credit are both money that you have taken from a bank or from any lender for some purpose, and that purpose and the rate on which you borrowed only determine whether it’s good or bad. Credit used to be a word with bad connotations in earlier […]
Difference Between Direct Debit and Standing Order
Direct Debit vs Standing Order Direct Debit and Standing Order, are two banking terms that have long been confusing among people. These banking terms direct debit and standing order are used in connection with withdrawal from your bank account. Money is automatically withdrawn in favour of another account from your account through both these instruments. […]
Difference Between Fortnightly and Monthly Loan Repayments
Fortnightly vs Monthly Loan Repayments Fortnightly and Monthly Loan Repayments are the same by all means except for the frequency of the repayment schedule that results in reduced interest payment and thus reduce the loan term. When you borrow money from a bank or any other financial institution for that matter, the most common form […]
Difference Between Short Sale and Foreclosure
Short Sale vs Foreclosure Short sale and foreclosure are two dreaded words that any home owner would never like to hear. Neither does any lender wish to make use of any of these instruments. But the use of these or either of the two becomes necessary when a home owner defaults on payments of EMI […]
Difference between Master Card and Visa Card
Master Card vs Visa Card Travel anywhere around the world with just your credit cards, which are either powered by master cards or visa cards, you will find yourself having an enjoyable and hassle free shopping experience. Master and visa cards are close competitors and therefore offer similar services for their customers. Both have a […]
Difference Between PayPal and Credit Card
PayPal vs Credit Card PayPal and credit card serve as the electronic alternative to traditional money transaction methods such as cheques and money orders. PayPal is an online payment service that offers increased security for online transactions. A credit card is like electronic money, you can purchase products or services without cash and to pay […]
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