Hotels treat debit cards very differently from credit cards, and the behind-the-scenes process can lock up your cash for days ...

The U.S. economy now runs on electronic payments, and every purchase and sale depends on an intricate network that involves ...

The method business accountants use to record transactions of business activity into the general ledger requires that each transaction posted involves at least one debit and one credit. In standard ...

Debit cards leave your cash more exposed to fraud and holds than credit cards. Here are three places where you're better off ...

As the Detroit Free Press recently reported, new debit card scams are popping up and gaining momentum. (2) One of the most ...

We continue to recommend Dave Ramsey’s Financial Peace University as an excellent introduction to getting out of debt so you can begin to save and invest. His advice is best for taking you out of debt ...

The Wall Street Journal had a VERY INTERESTING article today titled ‘Debt on Credit Cards Falls Amid Pandemic.’ Click "Show ...

Credit cards and debit cards look almost exactly alike but are actually quite different. Money you spend or withdraw using a debit card comes straight out of your bank account – you’re spending your ...

Accounting involves reporting financial events and transactions. The double-entry recording system captures a more reliable picture of a business' net worth because it assumes that a single event or ...

In accounting, every financial transaction is recorded by two entries on the company's books. These two transactions are called a "debit" and a "credit," and together, they form the foundation of ...

The new card makes it easy to use a buy now, pay later plan, but you can get its paid features for free elsewhere. Evan Zimmer has been writing about finance for years. After graduating with a ...