SOME DEBIT CARDS MAY LOOK LIKE A CREDIT CARD… BUT THEY AREN'T!
TOP TEN LIST SHOWS HOW AMERICANS CAN TAKE ADVANTAGE OF DEBIT CARD BENEFITS
BACKGROUND
A growing number of Americans are making sense out of their cents with debit cards. They may look like credit cards - but they aren't. What debit cards are is quickly becoming the way to stash your cash!
The Americans for Consumer Education and Competition (ACEC) - an advocacy group teaching consumers financial literacy - says consumer bankruptcies have risen while consumer savings has declined.
Debit cards can help you manage a personal budget while doing away with the need to carry credit cards checks and cash.
Some benefits of using a debit card that will make anyone a scholar with a dollar…They're convenient and fast at checkout. They allow for easier budgeting since you're spending money directly out of your checking account. Your monthly checking account statements will make for more accurate record keeping. With a debit card in your pocket, there's little need to carry as much cash or even the checkbook.
Debit cards are now accepted more readily than checks - even out of town or out of the country and work well with internet purchases. And lastly, in case there is a problem with a purchase, consumers receive protections: zero liability fraud protection and dispute resolution assistance.
Log onto www.acecuse.org for a complete list of benefits.
SOUNDBITES
- Susan Molinari, National Chairperson, Americans for Consumer Education and Competition
B-ROLL INCLUDES
***People shopping***People using ATM's***People Paying with Debit Cards
VIDEO PROVIDED BY: Americans for Consumer Education and Competition