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Non-Cattle Specific Topics
Every Thing Else Board
Lesser of two evils
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<blockquote data-quote="Jogeephus" data-source="post: 702310" data-attributes="member: 4362"><p>I'm not trying to say they are evil evil. I know in this day and time you can hardly do without one. I'm talking about risk and exposure. So let me try it this way.</p><p></p><p>If someone stole your identity and made a fictitious card which one would cause you the most damage and which one would be easier to fix? I may be wrong on this but with a debit card if someone steals your number and uses it does this money not come directly out of your checking account? If so, could this not lead you to write bad checks? With the bad checks would you not be charged penalties by the merchants? And lastly, will the bank make it a priority to fix the problem since it is not their money as they do when it is their money at stake in credit card transactions?</p></blockquote><p></p>
[QUOTE="Jogeephus, post: 702310, member: 4362"] I'm not trying to say they are evil evil. I know in this day and time you can hardly do without one. I'm talking about risk and exposure. So let me try it this way. If someone stole your identity and made a fictitious card which one would cause you the most damage and which one would be easier to fix? I may be wrong on this but with a debit card if someone steals your number and uses it does this money not come directly out of your checking account? If so, could this not lead you to write bad checks? With the bad checks would you not be charged penalties by the merchants? And lastly, will the bank make it a priority to fix the problem since it is not their money as they do when it is their money at stake in credit card transactions? [/QUOTE]
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Lesser of two evils
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