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CHICAGO — A survey from TransUnion and the consulting firm of Edgar, Dunn and Company has found that more consumers prefer debit cards to every other method of payment. But, at the same time, the survey found that consumers have been closing more credit card accounts than they have been opening.

The Payment Dynamics 2007 Preferred Payment Study is the first to combine consumer credit risk characteristics with consumers’ choices of all payment options, including cash, check, credit cards, debit cards, electronic payments and new online payment technologies, Edgar Dunn said.

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