Article: Question - When Is A Credit Card Better Than Cash? Answer ? When It?s Stolen!

Question - When Is A Credit Card Better Than Cash? Answer ? When It?s Stolen!

For many people, bring up the term, ?credit card,? and they?ll roll their eyes. Most of us understand the powerful pull that pulling out the plastic has on us. It?s almost addictive, the ability to pull out your credit card and use it to charge anything, anywhere, anytime. Many money counselors will advise you to lock your credit card up and go on a cash basis if you?re having a hard time with your debt.



But what many people don?t realize is that carrying credit can be a lot better than carrying their cash and here?s why: the Fair Credit Billing Act (FCBA). If you?re carrying your plastic and lose your wallet, you?ll never have to pay more than $50 of unauthorized charges to your credit card. Depending on how much cash you carry along in your wallet, this can save you some ...
 

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Question - When Is A Credit Card Better Than Cash? Answer ? When It?s Stolen!

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