I went to IHOP(INTERNATIONAL HOUSE OF PANCAKES) on March 30th with my wife to eat. After our meal I went to the counter to pay and presented my Visa as payment. I was asked for photo ID, and kindly declined. I was then told that they were not going to be able to accept my card without photo ID.
Completely fictional companies pass these charges onto people’s credit card bills and bank accounts and cellphone bills. The processing companies just pass them on and it’s up to consumers to monitor their bills and dispute the charges. So the fake company is just very nice about canceling all the charges from the people who complain, and then they rake in from all the people who don’t check their bills close enough.5. “Cramming”
Completely fictional companies pass these charges onto people’s credit card bills and bank accounts and cellphone bills. The processing companies just pass them on and it’s up to consumers to monitor their bills and dispute the charges. So the fake company is just very nice about canceling all the charges from the people who complain, and then they rake in from all the people who don’t check their bills close enough. [More]
Police have arrested Paul Hank, a distribution clerk at the Smithtown, NY post office, after he stole credit cards from the mail and went on a shopping spree, says Newsday
A Californian named Andrew Michael (not pictured at left) was sentenced to four years in federal prison last week for scamming Citibank and credit card companies by fraudulently applying for an $8.5 million commercial line of credit—some $2 million of which he spent on personal goods for himself, including “170 troy ounces of silver, 479 tubes of gold flakes, [and] a Rolex watch.”
Consumers were finally allowed this week to testify in favor of a proposed Credit Cardholders’ Bill of Rights without being forced to sign waivers allowing their creditors to release private financial records to the public. The three cardholders who testified lambasted their credit card companies for penalizing them even though they abided by their cardholder agreements.
Are credit card companies cracking down on “app-o-rama” (AOR) gamers, those folks who do a slew of credit card applications at the same time for to get as many bonus offers, credit lines, and 0% balance transfers as they can? After some of these FatWallet forum members did an AOR, all their credit cards were closed with one bank. For one guy, stook2001, this meant five new Citicard credit card accounts as well as three already existing Citicard accounts in good standing. The only reason given for the closing was the number of inquiries on his credit report. AOR thrived when credit card companies were throwing all sorts of enticing promotional offers in a desperate drive to get more customers. Now that credit card defaults are rising and credit card companies are trying to get rid of customers that might end up as liabilities, AOR could be just as on its way out as a no-doc stated income interest-only option-ARM mortgage.
Be wary of Arcot, a credit card security company that’s devoid of customer service.
Nels had to sign up for Arcot’s SecureCode to complete an online purchase. Now he wants to cancel it, but can’t find anyone at Arcot who can help him. The web pages he’s sent to are dead ends, and he left messages with Arcot’s executives that were never returned.
FatWallet forum member NewNole2001 details how they just finished paying off $9,482 in credit card debt. Here’s how Nole did it:
Tom just sent us a follow-up to yesterday’s post, and it’s good news:Score another one for The Consumerist! This morning I contacted Sears’ Executive Customer Service Department. They attempted to contact the store manager on my behalf. I stress “attempted” because they were hung up on too.
This should have been one of the first things your parents told you about avoiding scams, but in case they were busy watching TV or something — here you go:
Citicard Exec On Ending Universal Default: "It's Like Telling People You Stopped Beating Your Wife."
I was talking to a high-up marketing type person from Citicards recently and she wanted to know what Consumerist readers were complaining about with regards to the little plastic devil she pushes. She told me how Citicards had recently stopped doing Universal Default, which is where if you’re late on your payments with one creditor, other creditors get to treat you like you defaulted with them and spike your APR. She said she was personally appalled after finding out that her company had the policy in the first place, but then struggled with how to tell customers about it, because, she said, “It’s like telling people you stopped beating your wife.”
Update: one day after being posted here, the issue has been resolved. Sears strikes again! They sold Tom a TV for $1,070 on Black Friday last November. “Of course, it wasn’t in stock but they assured me that they could order it,” he writes.
Raleigh Restaurant Requires Credit Card For Reservation, Then Charges $20 Per Person Who Doesn't Show
It’s common for restaurants to not seat a party until everyone has arrived, but here’s something we’ve never seen before: requiring a credit card to make the reservation, then charging $20 per person who doesn’t show up—but still refusing to seat an incomplete party. When Matthew tried to get his party of ten seated without two of the people—basically saying he’d pay the $40 to get out of the bar and at a table—management refused. We think this restaurant doesn’t like its patrons very much.
If you buy airline tickets on Craigslist, you could find yourself paying for the tickets twice, thanks to this latest scam. Elliot blogs the story of a William Marleua, who who bought Southwest airline tickets from someone on Craigslist. Four months after taking the flight, a Southwest collections specialist called him and told him to pay up. Turns out the original tickets were bought using a stolen credit card, and then the real owner of the credit card disputed the charge. Here’s what Southwest said about the situation, “Southwest has never been paid for the flight Mr. Marleau took. It is our business policy to collect payment from the person who flew….It’s a difficult situation, but we cannot protect a customer who chooses to make a questionable purchase on Craigslist for a Southwest Airlines flight.”
When reader Steve went to Wal-Mart to buy Rock Star for his daughter, he reluctantly presented the cashier with a state issued ID containing just his picture, name and signature. Steve’s job is to consult with law enforcement about identity theft, so he’s more careful than the average bear.
Bad Consumer Smith finally paid off her American Express Optima card after 14 years, but couldn’t believe that Amex tacked on a $0.19 finance charge to her last bill. Smith summoned her lesser angels to work out a fitting response. Here’s what she came up with:
I sent AmEx two checks for a penny each, one for two cents, two for three cents, one for four cents, and one for a nickel.
Bally Cashes Cancellation Check, Continues To Bill For 15 More Months, And Now Demands "Past Due" Payment
Ashoka just found out that Bally never canceled his membership, even though they cashed his $50 cancellation check a mere 5 days after he mailed it to them last year. They’ve said there was no date on the paperwork, but Ashoka has a printout that proves otherwise. And they said they tried to contact him last year about the “problem,” but not by phone—even though they called him promptly this month when he changed his credit card info and the automatic billing didn’t go through. Bally, just admit it: nobody gets out, ever.