On 30 Apr 2005 at 10:02, Wayne Johnson wrote: > At 09:44 AM 4/30/2005, Bernie Cosell typed: > >You rang? :o) Actually, CC's are wonderfully safe and most of this > >handwringing is really excessive. The laws bias CC transactions > >*very*much* in favor of the customer. > > What you didn't see the 60 min episode that showed how easy it was to get > CC# & the like from other people while standing in line at a ATM?
I don't watch much TV, but I'm a little curious: how do you get a CC# from someone in line at an ATM? Why would I have my Discover card out if I'm going to use the ATM? > .. For every > client that complains about fraudulent purchases I wonder how many don't > complain & just pay the bill but in the case the fraudulent charges are > caught it's the merchant the usually winds up holding the bag so to speak & > that always translates into higher prices for whom? I was under the impression that if the merchant got an 'approval' number from the CC issuer that they would not get hit for chargebacks... But... I wasn't arguing that one should be completely cavalier about ones CC#... only that handwringing about such things is, IMO, excessive. I'm careful with my CCs, but not paranoid... > .. You, me & everyone > else. ;-) So you see my friend either way we pay for other people's > carelessness & mistakes. Of course: even if the merchant doesn't get hit, recall that the only parties bringing any money to the table are us customers, and so regardless of how the fraud gets compensated, it'll come out of our wallets somehow [either in our CCs [for those of us with with-fee cards] or higher interest rates [for those of us who carry balances] or via higher merchant fees [which then show up in the prices]. Less fraud is good for all of us [not to mention, it'd be good to catch the miscreants and throw them in jail..:o)]. > Do like I do & don't keep any money in the bank. <lol> Well, if I had any money I'd probably keep it in the bank, but I don't so the whole matter is moot...:o) > BTW have a GREAT weekend this last one of April 2005. Gonna try... Can't be too great, though: state taxes are due on Monday so I've got some unpleasantry to deal with... :o(. /Bernie\ -- Bernie Cosell Fantasy Farm Fibers mailto:[EMAIL PROTECTED] Pearisburg, VA --> Too many people, too few sheep <-- -- ---------------------------------------- WIN-HOME Archives: http://PEACH.EASE.LSOFT.COM/archives/WIN-HOME.html Contact the List Owner about problems: [EMAIL PROTECTED] Unofficial Win-Home List Members Profiles Page http://winhome.wavijo.com/
