Definition of «debit option»

The phrase "debit option" refers to a payment method where money is taken directly from your bank account. It allows you to pay for purchases or bills without using a credit card or cash.

Sentences with «debit option»

  • Students who opt to pay their loan through the auto debit option are eligible to receive an additional 0.25 % interest rate reduction on their loan. (studentloans.net)
  • The technique that worked for me was to keep the payment within my means and set up the automatic debit option so that I didn't have to worry about it. (navient.com)
  • Students who opt to pay their loan through the auto debit option are eligible to receive an additional 0.25 % interest rate reduction on their loan. (studentloans.net)
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