Millions of Credit Card Numbers Nabbed in Payment System Breach

I did stop using credit, but I don't withdraw cash - I use a debit card to pay for gas and groceries. I don't want to withdraw $20 when I only need $8.49 to buy some cereal and milk.
Guess what? I got hit this time around, but luckily my bank was on top of it and canceled my bank card immediately because they recognized right away that the new charges were fraudulent.

You can still use a credit card and not fear too much. Just ask for a $ 1000.00 limit SECURED credit card. This is easy to get. You put 1000 or 500 dollars in an account and that account is the security for the card. I do this at my credit union. The card is easy to get because there is no risk to the bank and the computer does not allow more than the security amount to be withdrawn. With fraud protection they claim you will eventually get it back and the most you can possibly be out, for a while, is the amount you set it up at.

You are VERY FUNNY! Sounds good to me!

Then when the thieves come in and take everything you have saved, that you can't prove you even had, you are up the creek without a paddle.

OMG....so funny, but you are so right!

the problem is we as a society need the stupid plastic cards to get good credit scores and even when u cancel all your credit cards to use cash, to help you better maintain finances it affects your credit in a big way.

It really is sad that we use these things that rip us off. I am 19 and when I got my bank account I promised to not sign up for a credit card and to only have a debit card for my account that way I never spend money that I have to pay back and more. And I also make sure to watch my banl account to make sure I NEVER SPEND MORE THAN WHAT IS IN MY ACCOUNT. These over the limit fees are ridiculous. My mom had a BOFA account and it has keep the change and it transferred 2.23 cents and made her account negative. She had no money in savings except that and when she tried to transfer it back it charged her so she was stuck paying the negative balance plus the two $35 they tack on for over the limit

If you read the small print and use credit cards responsibly they are a great asset.
1) Buy only what you can pay off each month - you have at least 4-5 wks free interest on that money.

2) Call credit crd companies to have them reduce your interest payment. Interest payments over 10-12% are charged mostly for people who are in over their heads...Others can get both interest reduced and fees refunded, especially if they have large credit balance they aren't using and suggest that they can/will go eslewhere for their credit.

3) Use cards which offer cash rebates--can be anywhere from1% to 5% or more.

Like any other credit offers, cards can be an asset if used carefully.

Not advised to cancel credit cards, especially the ones you have had for years that helped you build up your credit. Canceling cards leaves you with less credit available to you and that affects your fica/fico score in a negative way thus messing up your credit history. Best to zero out your balance and leave cards alone or put 'em in the freezer in a massive block of ice and pretend you lost them! No more shoppin' 'til you droppin'!

Stu, if execution was effective, then there would be a lower murder rate in the US than in most other countries in the world (where executions have long since been abandoned.) The fact is that there is a much higher murder rate in the US than almost anywhere in the civilized world. You can not legislate morality or decency. It doesn't work that way. It would be nice if it did, but reality tells a different story.

The really true sad delema is when you or anyone agrees to terms written up by these credit card companies, you very much do not understand fully what you are actually agreeing to . When a company tells you[ they reserve the right ] there is your answer to want they truly are interested in ,only their own company because you just agreed with them by signing the understandment clause of their terms . If people did truly know what they are agreeing to would you still sign on or not ? Read between the lines and begin to understand their position when it comes to loss of data ,they practically spell it out for you that they are not responsible for loss of anything concerning your account and again it goes back to what you agreed too. But this system of doing buisness today is really the major cause of these problems the responsiblity of errors is always put on the customers shoulders to bare and fix . It should be the other way around because you have intrusted them with your whole life in information [ cant understand why educated people dont see what they doing in these matters ] get to know what words mean that is your only true defense .

Keep in mind that we the citizens are Uncle Sam.