Debit or Credit?

The Fools over at have published an article on the pros and cons of the 3 major plastics we use today (debit, credit, or hybrid).

Check on the Jump below for a great source of information about these similar but different products.

I personally use credit as often as possible for several benefits (more of my reasons to come in a later post):

  • Interest-free loans for 25 days or so
  • Personal liability of up to $50
  • Easily disputable
  • Builds credit (facilitates getting other types of loans, like mortgages)

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