March 5, 2008

Debit Cards: The Hidden Risks

Money is plastic now and for, what looks like, the future. As a society we just carry less hard money around with us and we pay people by giving them information, information which can be used against us.
According to the industry group APACS: 0figures show that the number of adults shopping online has more than doubled in the last five years to almost 30 million. This makes it more essential than ever before that online shoppers take the necessary steps to ensure they don0t fall victim to fraud.0

We all like to think of debit cards as the safe choice and we0re told it will help us keep our debts under control. A debit card is linked directly to our bank account while a credit card allows us to 0buy credit0 and pay it back later, with interest, and none of us want to take out a secured loan to pay off a credit card bill. However, a credit card may be the safer way to shop.
Say for example you0re in a shop and you pay the man behind the counter with your credit card and he uses a machine to clone the card and keeps a copy of what you […]

Full Article At: KnowHow-Now.com Articles

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