11/2/2015 – 8 most dangerous places to use your debit card (CBS Money Watch)

Nov 02, 2015 Comments Off by

Making all of your purchases with a debit card is a good way to avoid spending more money than you have and racking up debt. But it’s not always the smartest way to pay. In fact, using a debit card at some places or in some instances can be dangerous. That’s because debit and credit card transactions are processed differently. And the protections aren’t quite the same.Under federal law, your liability for unauthorized credit card transactions is capped at $50. You’re not responsible for any unauthorized transactions if your card number — rather than the card itself — is stolen, according to the Federal Trade Commission.

Read the full article in CBS Moneywatch.

Financial Landing 2015

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