Pros and Cons of Debit Cards

In an article titled "Debit-card use grows, but risks still an issue", Chuck Strickler writes for The Columbus Dispatch about debit cards - how they help consumers stay in control but also how they're different than credit cards.

In an article titled "One debit-card overdraft can trigger an avalanche", Los Angeles Times personal finance columnist Kathy Kristof writes about how one overdraft was turned into four overdraft fees when one consumer's bank (Chase) reordered the payments posting to her checking account. Kristof goes on to note that Chase has announced it plans to eliminate that practice "in the first few months of 2010".