Released: November 26, 2020
Why it’s safer to use a credit card, not debit
Source: Herb Weisbaum, Consumers' Checkbook
Because debit cards are linked to checking accounts, some people find using them, rather than credit cards, help them stick to their budgets and avoid going into debt. And that makes sense.
But under federal law, credit cards have stronger fraud protection than debit cards whether they are lost or stolen, or if there are unauthorized charges.
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