How many times have you been asked “May I have your ZIP code?” when paying with a credit card? Many people just assume it’s for security purposes, but in reality it’s more likely that you may have just given marketers access to a wealth of knowledge about you and your shopping habits. [More]
Don’t want your mailbox crammed with circulars? Neither did a Massachusetts resident who used a credit card at Michaels and was asked for her ZIP code to complete the transaction in 2011. She’s not alone — a few years ago California ruled against retailers that asked customers for ZIP codes when using credit cards. [More]
It’s been less than a week since the California Supreme Court issued a ruling forbidding retailers from asking for your ZIP code when making a purchase. In that short time, more than a dozen different lawsuits have been filed against retailers as a result. [More]
If you live in California and you’ve ever been annoyed or concerned about giving out your ZIP code when making a credit card purchase, the state’s Supreme Court has issued a ruling that should appeal to you. [More]
A Postal Service worker told Chris he wasn’t allowed to send packages from that specific office because the return address was from a zip code other than the one where the office was located, and thus the location wouldn’t receive credit for the transaction. [More]
Richard has a warning for the Consumerist community: he writes that if you mess up a zip code on an overnight UPS package, they will charge you an $11 “address adjustment” fee to fix it. Excessive? Richard thought so, and UPS was nice enough to waive it when he asked. [More]
Prospective home buyers may need to pony up more cash up front to secure a mortgage if they are looking to buy in one of hundreds of zip codes that lenders now consider “soft markets.” Countrywide and GMAC recently ranked over 1,000 zip codes on a risk scale of 1-5. Lenders to moderate risk zip codes, ranked 1-3, may require borrowers to pay an additional 5% down payment. Unlucky buyers in high risk zip codes, ranked 4 or 5, are now automatically required to put down the extra 5%.