Final answer:
Debit cards transfer funds directly from a checking account, while credit cards offer short-term loans. Both types of cards are not considered money but assist in fund transfers.
Explanation:
Debit cards allow individuals to transfer funds directly from a checking account to a merchant without writing a check. On the other hand, credit cards work as a short-term loan from the credit card company to the user. Neither credit cards nor debit cards are considered money; they facilitate transactions by instructing banks to transfer funds.
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