Re: [NTLK] [OT] PayPal gripes

From: Mark Ross (markr13_at_comcast.net)
Date: Sat Apr 13 2002 - 16:34:19 EDT


>
>Actually, unless the thief has your PIN, the debit
>card is used just like a credit card and it is
>protected with all the same protections as a credit
>card.
.........
>Now, of course, this happened with a Credit Union...I
>don't know about banks...I dont' use them and I don't
>like them...I will ALWAYS use a credit union over a
>bank any day!
>Ed

The problem with debit cards is that they are NOT covered by the same
laws as credit cards are. With a credit card, you are liable for at most
$50. Debit cards have no such protections. Now, individual institutions
may have their own policies, so it pays to know what is in place at your
bank, credit union, etc. BTW, I like your descriptions of living in all
credit world, but you really need to lay off the Popeyes! ;-)

Mark Ross
markr13_at_comcast.net

---------------------------------------
NuShields: Your best defense against screen damage
http://www.NuShield.com

Phone/Fax/Voicemail: (530) 678-5513

-- 
Read the List FAQ/Etiquette: http://www.newtontalk.net/faq.html
Read the Newton FAQ: http://www.guns-media.com/mirrors/newton/faq/
This is the NewtonTalk mailing list - http://www.newtontalk.net



This archive was generated by hypermail 2.1.2 : Sun May 05 2002 - 14:03:38 EDT