8 Reasons to Worry About Debit Cards

Reports of debit card fraud have rocked Michaels, a national chain of arts-and-crafts stores, after the company reported it had discovered tampering with the card-reading equipment at stores in 20 states. The massive security breach put the spotlight on the safety of debit cards, one of the most popular ways in America to spend money. "I don't have a debit card. I believe it's one of the worst financial tools ever given to the American public," says Frank Abagnale, a former fraudster turned...Full Story
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