On Jan 6, 2010, at 9:40 AM, mike wrote:
You eat out? Give your credit card or visa debit to the waitress
making
2+tips an hour? Drive through at jack or mcds and give the card to
the kid
making 8 bucks an hour? Not to mention all the people who get their
CC
numbers etc stolen by hackers at the bank level. I'm not sure I'd
say Mint
is the point of weakness.
Yes and no. Yes, the waiter can do bad things with your credit card.
Yet if you have ever left your credit card behind you will discover
that they usually go to great lengths to protect your card and get it
back to you promptly. If these were dishonest people they would be in
a different line of work, perhaps stock brokers or TV evangelists.
The credit card companies are very good at spotting fraud. I had one
stolen and they spotted it within an hour. Yet when I shop in the same
places they somehow know that the transaction is legitimate. You also
get to review your credit card bill before it is paid and you can weed
out any bogus charges.
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