Monday, August 16, 2010
How Do They Do It?
But I wonder, how did they get the number?
I don't not use this card much. It is used every month, but it is not my primary card. There are a couple of automatic charges on it each month. The other charges are from places that I go to regularly that do not take American Express. So, I wonder!?
This brings up another question in my mind. What if banks/credit card companies were able to do whatever they wanted? What if there were no regulations limiting my liability in such cases? Would they check so quickly and efficiently if I had to pay the bill no matter what? Since they get stuck with "bad charges", they move quickly to limit their losses.
And what could I have done differently to prevent this in the first place? I do not use this card on line. I could stop charging things and only pay cash. But paying cash for everything is a lot more trouble. It is very convenient to pay everything one a month.
I guess this is the price we pay for a "modern society".
And, thank goodness that we at least have some regulation. If republicans had their way, this would be all my fault, my responsibility, and I would be stuck with the bill.
I guess I am just a selfish SOB.