Credit Cards vs Debit Cards and Why You Should Stop Using Debit Cards Immediately
The Credit CARD Act of 2009 also made it harder for those under 21 to get a credit card by prohibiting credit card companies from giving out free swag on college campuses and requiring proof of income or a co-signer to get a credit card. Thus, a whole new generation of adults do not see any reason to have a credit card. Instead, they are using debit cards.
Here is why I believe credit cards are not always bad and why you shouldn’t use debit cards.