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One country is doing away with cash!
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<p>[QUOTE="medoraman, post: 1398901, member: 26302"]Weird, I am completely the opposite Guy. My reasoning is that I control when I pay on a credit card, on a debit card they take it away from you immediately. If you have fraud or a problem, they have your money already and you have to fight for it back.</p><p><br /></p><p>My elderly aunt got talked into getting a debit card, and before she even got it in the mail someone stole the number and charged $2000 on it. She called the bank and they told her for fraud they had up to two months to put the money back in the account, btw you are overdrawn and therefor are charging you overdraft fees now. </p><p><br /></p><p>Nope. I will charge something, make sure everything is fine, THEN give the bank the money. I pay it off every month, unless there is something contested and I pay the contested amount short.</p><p><br /></p><p>Anywhere in the world, I would be worried about a "cashless society" due to identity theft. This can be a big enough problem, but imagine not being able to get any money to spend because of an identity thief as well?[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1398901, member: 26302"]Weird, I am completely the opposite Guy. My reasoning is that I control when I pay on a credit card, on a debit card they take it away from you immediately. If you have fraud or a problem, they have your money already and you have to fight for it back. My elderly aunt got talked into getting a debit card, and before she even got it in the mail someone stole the number and charged $2000 on it. She called the bank and they told her for fraud they had up to two months to put the money back in the account, btw you are overdrawn and therefor are charging you overdraft fees now. Nope. I will charge something, make sure everything is fine, THEN give the bank the money. I pay it off every month, unless there is something contested and I pay the contested amount short. Anywhere in the world, I would be worried about a "cashless society" due to identity theft. This can be a big enough problem, but imagine not being able to get any money to spend because of an identity thief as well?[/QUOTE]
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