2007-01-01 07:03:42 · 10 answers · asked by vietboy1219 1 in Business & Finance ➔ Credit
A credit card is better because you can use it to secure reservations and other things that a debit card can't do.
2007-01-01 07:23:32 · answer #1 · answered by Gone fishin' 7 · 1⤊ 0⤋
There's only disadvantages to a debit card if you can qualify for a credit card and always pay off the credit card bill every month. If you start running up a debt and interest payments on the credit card, cut it up and throw it away. Then maybe a debit card is your only recourse other than cash.
2007-01-01 15:10:46 · answer #2 · answered by bobweb 7 · 0⤊ 0⤋
I always use my debit card instead of a credit card. That way, I can't get myself into debt because the money has to be in the bank for the debit card to work.
2007-01-01 15:12:33 · answer #3 · answered by Anonymous · 0⤊ 0⤋
A credit card is never advisable. If you don't have a guaranteed way to pay it IN FULL each month, you shouldn't be using one. It does not make sense to pay 18% to 25% plus interest on the balance. This used to be called usury, as in loan sharking. If you get in debt and, heaven forbid, have a nasty emergency, the outcome could be ruinous. When you later want to buy - say a car, you will be unable to get a loan from a good source and will end up paying thru' the nose for interest from a secondary source. If you don't have the monehy DON'T BUY ANYTHING! that you can survive without.
2007-01-01 15:17:13 · answer #4 · answered by Sweet Gran 4 · 0⤊ 0⤋
Neither are actually "Cool", but a debit card is more useful, since you don't have to pay interest on the funds used, since they are already there.
2007-01-01 15:07:22 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Debit - because you are spending money you already have; the other one gets you into debt too easily.
2007-01-01 15:12:22 · answer #6 · answered by Lydia 7 · 0⤊ 0⤋
a credit card
2007-01-01 15:11:16 · answer #7 · answered by little D 2 · 0⤊ 1⤋
not you have 2 pay them both
2007-01-01 15:11:27 · answer #8 · answered by Anonymous · 0⤊ 0⤋
neither, they cost money. do you even know the difference between the two????
2007-01-01 15:06:45 · answer #9 · answered by nibsirb_01 1 · 0⤊ 0⤋
credit cards are better, because you get cash back as rewards.
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2007-01-01 21:24:52 · answer #10 · answered by bijan a 2 · 0⤊ 0⤋