Monday, May 21, 2012

Another Reason Not To Have A Credit Card

Fury as HSBC system fault sparks credit card freeze

http://www.metro.co.uk/news/899658-customer-fury-as-hsbc-system-fault-sparks-credit-card-freeze

And they can be cut off deliberately, remotely, to leave you high and dry.  Might happen during bank run moments.  Not a problem I'm willing to deal with.

I'm sorry, but I thing there are way more inconveniences with credit cards, than conveniences.  And I suppose if you really like flushing money down the toilet via interest payments. . .

But what about those who pay on time?  Identify theft?  Banking 'booboos', where they take forever to process the payment and you get screwed?  I've read about shite like that.