Using Debit Cards Can Be Risky Business

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Summer 2007 may be remembered in economic circles as a time when new concerns were voiced about those handy debit cards that are appearing in just about everyone’s wallets.

Research indicates that consumers are often opting to pay for their purchases with debit cards rather than credit cards.   Consumers appear to appreciate the convenience which debit cards offer—in fact, many consider them to be just as convenient as cash.  With debit cards, consumers can also avoid the sticker shock that can occur when the monthly credit card bills arrive. Read more

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