2004 Credit Suit

Dumb and dumber: Bank One/FUSA unauthorized credit checks

They keep running Randy's credit without a hint of a permissible purpose even AFTER Randy sued them for exactly that!

Can that stupidity be topped? It looks like it.

A new outfit called "Bill me later" (ack!) offers the option to be billed for online purchases.

Credit cards get some competition

"Marino retired as chief credit officer and chief marketing officer of the consumer lending division at First USA/Bank One after 25 years in the credit card industry. ..."

"I4Commerce confirms customers' identities by asking for their name, address, birthdate and the last four digits of their Social Security number and uses that information for its credit check. And officials say giving out a partial Social Security number leaves one less vulnerable to hackers."

Are they putting something in the FUSA/Bank One cafeteria food or drinks?

While it's going to be so "EASY" for shoppers to enter their bd and last 4 digits of the SSN, won't those shoppers be surprised when their insurance and interest rates go up from all the inquiries. Of course they do have a permissible purpose since it is a business transaction, but it won't be long until the word will get out and they certainly won't get much repeat business.

Why don't they just issue a CHARGE CARD? Duh!

Maybe they'll somehow set it up so that repeat inquiries are A/Rs, but that definitely requires having an account with them.

And I sure don't like the idea that anyone with my bd and last 4 digits of my SSN can start ordering in my name and I much rather have the protection of using a credit card.