Equifax Breach

[BReeves]

Don't forget, if you're over 65 the credit freeze is free with all bureaus.

Guess that is why it didn't cost us anything, thought it was because we lived in OK.

 

[KOPBET]

I can think of no GOOD reasons to use a debit card (as opposed to CC). I can think of many BAD reasons not to.

But to each his own.

 

[CHenry]

I can think of no GOOD reasons to use a debit card (as opposed to CC). I can think of many BAD reasons not to.

But to each his own.

Wanna enlighten me?
Better do your research first because I think you've been told some incorrect info about debt cards.

 

[KOPBET]

Wanna enlighten me?
Better do your research first because I think you've been told some incorrect info about debt cards.

I know very well about both, thank you. Legal liability, risk, fraud protection, etc. I made my choice on my own (and I work at a FI).

What you do and what risk you accept is of course up to you.

 

[CHenry]

I know very well about both, thank you. Legal liability, risk, fraud protection, etc. I made my choice on my own (and I work at a FI).

What you do and what risk you accept is of course up to you.

Well working for a FI you should know better because thats just not correct.
Maybe your the window cleaner.
LMAO, my debit card has the exact same protection as a CC...issued by VISA

 

[CHenry]

And to point out the obvious, FIs promote the use of CCs... They make money loaning money. So if your getting your financial advice from a banker, bless your heart.

 

[KOPBET]

Well working for a FI you should know better because thats just not correct.
Maybe your the window cleaner.
LMAO, my debit card has the exact same protection as a CC...issued by VISA

I know, even Clark Howard is a window cleaner. lol

http://clark.com/personal-finance-credit/only-reason-to-use-debit-card-avoid-risk-fraud/

 

[CHenry]

Its simply a lie.
F Clark Howard, I've listened to him before and he's nuttier than squirrel sh it. LMAO.

 

[deerwhacker444]

Visited the 3 sites using the Clark links.

TransUnion and Experian both hit me up for $10 to freeze my info, as expected. Equifax didn't ask for any payment.

Is that what everybody else experienced?

 

[KOPBET]

And to point out the obvious, FIs promote the use of CCs... They make money loaning money. So if your getting your financial advice from a banker, bless your heart.

Well, seriously? they HAVE to make money lending money. How else would you expect them to pay you dividends every month or quarter?

And perhaps not so obviously, they make money from the interchange fees (big time!) with debit cards too. But since you did your research you know that already. However, they don't make a cent LENDING me money every month on the CC.

So, please try again.