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Be Careful When You Swipe

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Paying with plastic; better make sure you’re protected.

These days’ cash seems to be going the way of CD players and regular snail mail. You know it’s still there and every now and then someone uses it but it’s slowly and surely being replaced by something fast and easy.

In this case it’s plastic. Everyone has some type of card in their wallet and whether its debit or credit swiping a card has become the new way to pay. But while convenient the quick access to your bank account can cause problems. To scare you into caution MSN Money has found some of the most common horror stories involving credit or debit cards. And with about 200 million people carrying some form of plastic; chances are you have experienced some of these misfortunes.  read more »

Investing in Trust

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These days most people wouldn’t trust a stranger with their trash, but one New York City woman trusted one with her credit card.

Merrie Harris is a director for the Manhattan based JWT advertising agency. Earlier this week she was at a party when she stepped outside with a friend and was approached by a homeless man. He asked them if they could spare some change and Harris said she didn’t have any cash. Instead she handed over her American Express platinum card.  read more »