For Immediate Release	CONTACT:	Holly Anderson, ext. 114
November 10, 1997		Tara Finck, ext. 116
		(202) 835-3323

Washington, D.C...The National Consumers League has released a new consumer education brochure, "Debit Cards: Beyond Cash & Credit." The brochure explains the pros and cons of debit cards.

"By the year 2000, it is expected that two-thirds of American households will have a debit card," said NCL President Linda F. Golodner. "Educating consumers about how these cards work and how they are different from both automated teller machine (ATM) and credit cards is extremely important to avoid confusion."

The brochure examines the differences between a debit card and a credit card; outlines what you should know about debit cards; includes seven tips for responsible use as well as common sense precautions. The brochure also includes the most up-to-date information on card protections in case of loss, theft or unauthorized use.

"Debit cards offer the consumer many conveniences. Nevertheless, consumers should remember that debit cards access money directly from your checking account," according to Golodner. "Our brochure continues the League's committment to educating consumers about new trends in money management."

Single copies are available free of cost by contacting the National Consumers League at 800-355-9NCL. Bulk copies are available at reduced rates by contacting Theresa Smith, publications coordinator, 202-835-3323 or via this order form.

The brochure was created by the National Consumers League with a grant from Visa U.S.A.

"Visa and its member banks are committed to consumer education, and to providing consumers with the most secure, convenient and accepted payment products in the marketplace. We are delighted to work with the National Consumers League to further educate consumers," said Michael Beindorff, executive vice president, Marketing and Product Management, Visa U.S.A.

The National Consumers League, founded in 1899, is America's pioneer consumer organization. NCL's three-pronged approach of research, education and advocacy has made it an effective representative and source of information for consumers and workers. NCL is a private, nonprofit membership organization dedicated to representing consumers on issues of concern.

For more information, to schedule an interview with NCL staff, or to contact NCL's Communications Department on this or any other release, call Holly Anderson, director of communication at (202) 835-3323.