question archive Mark Strom is trying to decide whether to apply for a credit card or a debit card

Mark Strom is trying to decide whether to apply for a credit card or a debit card

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Mark Strom is trying to decide whether to apply for a credit card or a debit card.  He has $7,500 in a savings account at the bank and spends his money frugally.  What advice would you have for Mark?  Describe the benefits and drawbacks or each type of card.

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