Banks and credit card companies are just trying to protect us

As scammers develop new ways to steal money and identities, banks and credit card companies are working on newer, more sophisticated software to detect those scams. I really appreciate all the time and money they put into protecting people’s assets. I really do! But sometimes those safeguards can be very frustrating.

For example, what’s wrong with someone attempting to make an online payment on a telephone company bill? Sure it was larger than normal, past due by two or three months, and it was 1:30 a.m. Maybe it was the fact that the cardholder/bank account owner was 80 years old.

The situati...

 

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