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Chase did a bad thing, so we did a good thing

chaseoptout.com

51–60 of 246 posts

Re: Chase did a bad thing, so we did a good thing

#51

Very suspicious. Why should I opt out? Why did some companies/individuals think this was worth spending time building and promoting this service and spending potentially millions of dollars in print & postage to mail letters?

Fact: If millions of people were to take us up on this, we (Radvocate and our friends at HM Bradley) would get tangible value from the publicity around it.

I'd love for us to have that problem.

Re: Chase did a bad thing, so we did a good thing

#52
post #27

Under the "What is the actual language in the agreement sent by Chase?" FAQ item, it says -- "Can I (the customer) reject this agreement to arbitrate? Yes. You have the right to reject this agreement to arbitrate if you notify us no later than 8/9/2019. You must do so in writing by stating that you reject this agreement to arbitrate and include your name, account number, address and personal signature . Your notice m…

We are relying on legal opinions that the site fully complies with the ESIGN Act. That act makes electronic signatures on par with physical signatures. (Disclosure = I'm not a lawyer) https://en.wikipedia.org/wiki/Electronic_Signatures_in_Globa...

Edit: dumb question from me. I didn't follow the flow because I don't have a chase account, so I wasn't aware it was a multi-part form.

Original comment below:

---

I'm likewise not an attorney, but how hard would it be to do a simple "Type your name here to represent your signature" type of deal? This is the most common lay practice I've seen, with the more common CYA practice for electronic records being e.g. what Docusign or Adobe offer, or the use of cryptographic signatures.

Re: Chase did a bad thing, so we did a good thing

#53

Very suspicious. Why should I opt out? Why did some companies/individuals think this was worth spending time building and promoting this service and spending potentially millions of dollars in print & postage to mail letters?

Fact: If millions of people were to take us up on this, we (Radvocate and our friends at HM Bradley) would get tangible value from the publicity around it. I'd love for us to have that problem.

As for whether you should opt out, I honestly don't know and that is your decision to make.

Re: Chase did a bad thing, so we did a good thing

#56
post #29

Assuming that you're completely legit and utterly competent, there's still a big security problem here: it's encouraging people to put their PII and CC info into arbitrary Web sites . On top of that, it's further identifying them as both Chase CC holders and receptive to scams, qualifying them as leads for further phishing/scamming.

Unfortunately this is the problem that Chase created ... we give users a way to download a form letter instead, but were just trying to make it as easy as possible for customers to opt out if they would like to do so

You're teaching users it's OK to give out their account information "sometimes". Which is much less secure than "never".

Re: Chase did a bad thing, so we did a good thing

#57
post #27

Under the "What is the actual language in the agreement sent by Chase?" FAQ item, it says -- "Can I (the customer) reject this agreement to arbitrate? Yes. You have the right to reject this agreement to arbitrate if you notify us no later than 8/9/2019. You must do so in writing by stating that you reject this agreement to arbitrate and include your name, account number, address and personal signature . Your notice m…

Can someone knowledgeable explain how a company can pick and chose was does and what doesn't constitute a binding agreement?

AFAIK in the Netherlands oral statements, when overheard by a witness, have the same legal standing as a signed contract.

Re: Chase did a bad thing, so we did a good thing

#58
post #54

There's often a sinister motivation for such goodwill. Most often than not. Are you just going to discard all the data afterwards or is it just a ploy to build a mailing list for your bank?

I'm betting the latter. If you click on the HM Bradley logo it takes you to their homepage where it says that they're building a bank for the "next hundred years". I'll hand it to them, this is a pretty good way of collecting lots of email addresses.

Re: Chase did a bad thing, so we did a good thing

#60
post #52

Earlier quoted context omitted.

We are relying on legal opinions that the site fully complies with the ESIGN Act. That act makes electronic signatures on par with physical signatures. (Disclosure = I'm not a lawyer) https://en.wikipedia.org/wiki/Electronic_Signatures_in_Globa...

Edit: dumb question from me. I didn't follow the flow because I don't have a chase account, so I wasn't aware it was a multi-part form. Original comment below: --- I'm likewise not an attorney, but how hard would it be to do a simple "Type your name here to represent your signature" type of deal? This is the most common lay practice I've seen, with the more common CYA practice for electronic records being e.g. what D…

If you fill in your info on the page and click the buttom, this happens as the final part of the flow before it submits.
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