Question: William Holland is trying to decide whether to apply for a credit card or a debit card. He has $8,500 in a savings account at

William Holland is trying to decide whether to apply for a credit card or a debit card. He has $8,500 in a savings account at the bank and spends his money frugally. What advice would you have for William? Describe the benefits and drawbacks of each type of card.

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Credit cards provide a line of credit and can be used worldwide as well as on the Internet to make purchases or pay for services Credit cards also all... View full answer

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