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Is It Better to Make Large Purchases With Cash or Credit?

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Making a significant purchase can often feel like choosing between two paths in an ancient forest. One path, laden with gold coins, represents the tangible, immediately available resources you have – that’s your cash. The other, veiled in a shimmering curtain of twinkling lights, represents the less tangible, but potentially more alluring realm of credit. In between these two, there’s a lesser-known pathway, represented by the pebbles of an unsecured personal loan. This path seems to be a mix of the first two, with both solid ground and ethereal promise. Which route do you take? Is one genuinely better than the other?

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