Credit or Debit? Which Card Makes More Financial Sense?

We’ve reached a stage where our lives are dominated by pieces of plastic – credit cards are a regular feature of every transaction and purchase. Some people swear by it, but others are wary as it ends up putting them in a deep hole of debt. The latter prefer debit cards which work a little differently but which are able to keep you out of debt because you need to have money in the bank to use them. Credit or debit, both cards have their pros and cons, and how you choose to use either depends on ...
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Credit Cards vs Debit Cards – A Comparison

In recent times, there has been an increased popularity with in the number of people opting for plastic money. Basically, plastic money can be broadly divided into two different categories that include debit cards and credit cards. In this regard, many people often get confused with which type of card to opt for. Mentioned below are some of the basic differences between these two card types. 1. The most important difference with respect to debit and credit cards lies in their definition itse...
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5 Disadvantages of Using a Debit Card

It seems everyone uses their debit card for every purchase these days. They cite the ease with which they make transactions. There is no need to carry cash and the worries that accompany holding a bunch of cash are erased. It really seems like this phenomena has occurred in just the past two years. Pretty much every store you go to will accept debit card regardless of your purchase size. However, it’s not all great news when it comes to using your debit card. Here are five disadvantages to...
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