SC - RE:sca-cooks V1 #1819

[Pink Sunshine]

Some banks in the Poconos and here in Western PA went thru this phase for a
bit:  Mellon in particular did a full credit workup on a check card
application for the first year or so they had them.  Debit cards are one of
those things which seem simple on the surface but have some real nasty
twists underneath.

One quick example:  early on, some clearing services reported your checking
account balance as your credit limit - and that limit is used by some store
credit card issuers to set the opening limit on the store account they give
you.

Since we're already off topic, I'll mention one more caveat about check
cards.  Read the terms of issue very carefully, especially the sections on
recourse for fraud, theft, and merchant abuse.  Debit cards often do not
offer the same protections provided credit cards, even the same bank's
credit cards.

Merry Christmas and Happy New Year to the list,
Ragnar Ketilsson>>

I've had one for years and have never had a problem and I have lousy credit.
I just thought it might be one alternative for Huette.

============================================================================

To be removed from the SCA-Cooks mailing list, please send a message to
Majordomo at Ansteorra.ORG with the message body of "unsubscribe SCA-Cooks".

============================================================================