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Article #207

Re: Wells Fargo vs. B.o.A.

#207
From: Alison Chaiken
Date: Thu, 04 Jan 2007 18:18
21 lines
2097 bytes
David Arnstein asks:
>Clearly, something about debit cards chap your hide. Care to
>elaborate?

Ernie Klein writes:
>you _may_ get some of your money back.

I couldn't possibly explain my concerns about debit cards any more
clearly than that.  Debit cards are a reasonable choice only for
people whose credit record is too poor to get a credit card.  People
who qualify for credit cards would be just plain nuts to get a debit
card.  They are banks' method of transferring risk from themselves to
consumers.  That's why I will close my credit union account rather
than accept one.

-- 
Alison Chaiken    		"From:" address above is valid.
(650) 236-2231 [daytime]	http://www.wsrcc.com/alison/
The course of true love never runs smooth; it is filled with
turbulence and bifurcations.  -- Jennifer Ouellette
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From: Alison Chaiken <alison+gnus200701@dailyplanet.dontspam.wsrcc.com>
Newsgroups: ba.consumers
Subject: Re: Wells Fargo vs. B.o.A.
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Date: Thu, 04 Jan 2007 10:18:15 -0800
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