201–210 of 381 posts
If people really cared about avoiding a fraudulent transaction depleting their bank account, they would use credit cards instead of debit cards.
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I was recently in the U.S. and saw a person use a paper cheque. I'm not joking.
Cheques are extremely common in the US. I'm forced to pay my car insurance by mail each month with a paper cheque, it's terrible.
I don't get bills on paper, much less pay them that way. I come from the future though. You'll love it. You won't believe this but I'm typing this very message on a palm sized computer/telephone device.
> Final lets you give a unique credit card number to every merchant, or a disposable one-time use number for one-off purchases. This is something I have been asking for since forever! People on here claimed it was "impossible" because of how credit cards work, I guess not... > Tired of your monthly yoga pants subscription? Or a two-week "free" trial that lasted four months? Just deactivate that card number. It's that…
Why not just cancel the subscription? If you remembered you are getting charged for a subscription, and took the effort to cancel that card number. Why wouldn't you just cancel the subscription in the first place?
> Final lets you give a unique credit card number to every merchant, or a disposable one-time use number for one-off purchases. This is something I have been asking for since forever! People on here claimed it was "impossible" because of how credit cards work, I guess not... > Tired of your monthly yoga pants subscription? Or a two-week "free" trial that lasted four months? Just deactivate that card number. It's that…
The programmer in me tells me "this just can't be secure", and the only hope I have that my card number is never stolen is, well, hope.
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You're right; occasionally you'll find a collection agency that has their act together. Luckily, collection agencies purchase their debt for pennies on the dollar, so they're happy to get anything. Start by offering them 10% of the debt, and go from there up to no more than 25% of the debt, stipulating (in writing) that its "Pay For Delete". This will require them to remove the negative credit information from your c…
Is there a way to contact you? I'm facing some very relevant circumstances, unfortunately, and would like to ask your advice.
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Counterpoint. If you get taken to collections over a trivial amount ( Have to go to court for collections? The first words out of your mouth need to be, "Verify the debt." Ask them to produce the document you signed and agreed to. In the vast majority of cases, without this, your case will be dropped with prejudice. This is based on research I did while dealing with a personal mortgage "issue". http://www.thisamerica…
Not all collections agencies are so sloppy and unscrupulous. If you do owe the money and they do have the documentation to support it, you may well have a judgement against you and that definitely will hurt your credit score. Some companies (like say gym membership) have internal collections departments that can be quite aggressive. They would certainly be able to back up any lawsuit. In general, you really want to t…
In reality, companies will do almost anything to avoid suing you for small amounts of money. The financials don't make sense. E.g. how much gym debt would it take to justify a lawyer's fees to pursue you? Not less than several thousand dollars, probably much more.
CTO/Co-Founder of Final here. Final is what we built to take back control of our own credit cards for how and when we’re charged, instead of leaving it up to merchants. That led to merchant-specific numbers and limits, managed automatically, as well as transparency in statements. It’s our stake in the ground, a way to shift the culture in credit towards consumer friendliness. Happy to answer questions
Love this idea, however I don't use credit cards (or any other form of unsecured debt). Do you plan to offer a debit card?
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