6. Credit History
All credit card users will be recorded by the bank providing the credit history card, credit history which will be reported to the Debtor Information System. This means, if the user diligently pay the mortgage, the credit history is good and usually tend to be easier to get a loan than those who do not have a credit history. Conversely, if the user is often in arrears, it will be a bad credit history and can make when applying for a loan to any bank.
On the other hand, debit card users only use its own funds only, and will not affect the credit history of both positive and negative.
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