Comments on: Why do people prefer to use credit cards instead of debit cards ? http://insurance-loans-mortgages.com/1380/people-prefer-credit-cards-debit-cards/ Money questions and answers! Thu, 24 May 2012 08:33:32 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: john h http://insurance-loans-mortgages.com/1380/people-prefer-credit-cards-debit-cards/comment-page-1/#comment-1748 john h Mon, 25 Jan 2010 21:55:21 +0000 http://insurance-loans-mortgages.com/?p=1380#comment-1748 Well, frankly, people use credit cards as opposed to debit cards because they don't have the money they're spending. Granted, using a credit card regularly can help build up a credit score - which is perhaps why 5-10% of people use credit cards - but they generally keep balances low. Debit cards won't help you build credit. Secured credit cards will - I think they're a pretty solid concept. If you're looking for credit cards to apply for, I'd suggest visiting http://www.zeroaprcreditcard.com Well, frankly, people use credit cards as opposed to debit cards because they don’t have the money they’re spending.

Granted, using a credit card regularly can help build up a credit score – which is perhaps why 5-10% of people use credit cards – but they generally keep balances low. Debit cards won’t help you build credit. Secured credit cards will – I think they’re a pretty solid concept.

If you’re looking for credit cards to apply for, I’d suggest visiting http://www.zeroaprcreditcard.com

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