<VV> Re:Paypal Rip-Off

[Gary Swiatowy]

Your friend has a foolish sense of security.
That low limit card can just as easily be used to buy anything at any price,
say for instance a big screen TV for $9000
he will then be charged a fee penalty for going over his limit, and an
additional fee for every day he remains over that limit.Not to mention a
special; interest rate for the amount "over" the limit.

My son did this to make sure he would not get in over his head, figured the
card would be rejected if it got over his $500 limit!
WRONG,!!!!!!!!!!!!!!!!!!!!!!!
Took him a few months and several hundred dollars in fees and interest to
get him back under the limit............
Gary Swiatowy

> To: virtualvairs@corvair.org
> From: Dennis & Debbie Pleau <ddpleau@earthlink.net>
> Subject: Re: <VV> Paypal Rip-Off
>
> I have a friend at work who has a VISA account with a low limit, ($300 or
> $500) that he uses for on-line transactions.  Figures he can't get wiped
> out due to fraud with the low limit.  He goes ballistic every other month
> when they send him a notice that because he's such a good customer, they
> raised his limit to a few thousand dollars.
>
> dp