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  1. #6
    The "Godfather" of COAR Great-Kazoo's Avatar
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    Quote Originally Posted by Bowtie View Post
    You have no loss. Credit card company doesn't care enough or have a big enough loss to prosecute. If you went after them what would your goal be? It sucks but that's the way it is set up by the credit card company.
    Quote Originally Posted by mtnrider View Post
    I might be way off on this but I would bet that any loss that your credit card company encores is passed back on to you (or merchants) or used as a tax write off (loss) There by penalizing us all.

    I say shame on them for not going after these dirt bags. I bet they would change there tune if they couldn't write off all that loss at the end of the year.
    Unless the CC co wants to pursue charges the LE's will not do anything.
    CC CO's have what they call Acceptable Loss. which is figured out to be approx $5-10K per customer. They write it off (interest rates passed on) and everyone goes their merry way. My last CC was hit for $4K. $2500 to 1 business in CA. the same time someone in Ill was buying lunch for whoever, to the tune of $700.
    The "CSR" rep asked me Are you sure you didn't charge that amount to the business in CA? Lady if i did i am sure my lunch tab must be a mistake, OR while buying everyone lunch i was joy riding around CA, AT THE SAME TIME.
    No one cares, No one Gives a Shit, fuck you fuck me fuck everyone.

    Realistically i could steal someone's CC go on a spending spree, keep the charges under $3-400 per and walk. Look at express lanes in stores. Scan, Swipe, Steal. No way to check ID, No way to verify when your CC, as mine says C I D where a signature belongs. I asked the checkout girl, don't you want to see my ID? No sir not for any transaction under $50.
    That $50 adds up real fast, bullets, primers, reloading manuals, on and on and on.

    FSA has wiped out this country the last 20 years.
    Don't hit you kid, Don't discipline them, DON'T DON'T DON'T.
    DON'T WORRY BE HAPPY
    Last edited by Great-Kazoo; 11-16-2013 at 22:33.
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