Quote:
Originally Posted by MV64
I don't understand the fear so many people have of credit cards. In the modern world, this is how transactions are done.
|
I'm not sure what you're responding to, but I have a strong dislike of companies
storing my credit information for long periods of time.
In relevant news, Husband discovered yesterday 4 charges on his statement that he hadn't made. Totaled about $200, and it's going to be a HUGE hassle to fix. The credit company was pretty cool about it, but his account has to be permanently closed (meaning he can't access his past statements online for record keeping down the road), they're issuing a brand new number (when he had the old one memorized), and he's got to scramble to change over anything that was automatically charging to the card (phone bill, water bill, etc.) before he gets hit with a fee for them charging to a non-active card. Fun!
So, yeah, companies do not need to store my credit information longer than the bare minimum necessary.