There were numerous programmers rewriting code. I had several friends doing that. It was a concern, but not the civilization ending catastrophe some were claiming it would be.
Here’s a suggestion. GET A LIFE. Find a hobby, read a book, go for a walk or bike ride, go to the gym, put in a firepit and sit around a fire. Play chess, checkers or another game.
Volunteer somewhere, read books to hospital or nursing home residents, cuddle babies in the hospital, if animals are your thing volunteer at a shelter, there are homeless shelters and food banks. This time of year we have Toys for Tots and Coats for Kids and the Salvation Army is begging for bell ringers
I remember the prediction of the world ending in 2012, but more due to the Aztec calender ending (which according to some people accurately predicted several disasters), but nothing about asteroids.
I remember the Y2K hysteria where far too many fools thought all computers would melt down and throw us back to the stone age on the stroke of midnight on 12-31-99.
And what makes you think I haven’t read that stuff?
Now, YOU read federal laws covering both, as well as info from the CFPB and other reputable sites.
To help you out:
From Experians website
Credit cards are safer than debit cards because under federal law, they provide greater liability protection if you’re a victim of fraud.
Here’s how: If your credit card is lost or stolen and someone uses it to make unauthorized charges, you’ll only be responsible for up to $50. If unauthorized charges are made with a debit card, you could potentially be liable for the full amount, depending on when you report the card’s loss or theft.
Many credit cards also offer zero liability protection. This feature is also found on some debit cards, but you may still have to report within a certain number of days, and you’ll have to confirm the terms with the issuing bank
From a chart on that site:
If you report a card’s loss or theft before
fraud occurs: $0
If you report within 2 days of fraud: $50 max
If you report 2 to 60 days after fraud: $500 max
If you report more than 60 days afterfraud: No liability protection
Even Visa’s own website which claims "zero liability . . . " has a *
Which when you read the fine print is “*Certain restrictions, limitations, and exclusions apply and benefit configuration may vary. Please refer to your Guide to Benefits or contact your financial institution for full program terms and conditions, and to confirm specific coverage levels.”
You are partially right in that Visa requires institutions who use their network to offer some, limited, form of protection for debit card fraud, but it’s nowhere near what credit cards are required to offer by federal law.
I’ve known a few people who’ve had auto-pay from their checking accounts and have had problems. They usually (but not always) find out when they get notices about over-drafts (with the associated fees, and at times, declined payments with refused payment (or bounced check) fees)
It’s been my experience that smaller, more local, banks, especially credit unions, are far more likely to work with customers than large, national, companies or banks.
If the debit card is processed as a credit card, you MIGHT have the same protection, if it’s processed as a debit card you don’t. Laws are different for each.
A credit card is a pre-approved revolving loan from an institution. The fees and interest rates (for those who carry a balance and pay interest) cover the losses from fraudulent charges. Thus the high interest rates.
A debit card is a plastic “check”, tied to a checking account (or share draft for credit union members). IF a financial institution chooses to cover the cost of a fraudulent charge, that institution eats the cost. If a person stole your check and changed the information or filled in a blank check neither Visa nor MasterCard would cover the loss. It’s not different because you “wrote” a plastic check (debit card).
The Visa or MasterCard logo only signifies the transaction processing network. Neither Visa nor MasterCard issue credit cards, individual institutions do, and they pay a fee to either for use of the logo and processing network.
You, of course, are free to believe whatever you choose to, even if the facts disagree with you.
All of my cards show who the payment goes to on the statement.
They did authorize it at one time, and they authorized the monthly payment until cancelled.
You’re assuming they used a credit card, and not a debit card or a direct withdrawl from their checking account. The last 2 options not having the same protections as a credit card.
Two mistakes, The Nina was one of the ships (unless we’re going to get super technical and the one ship was the Niña, with the punctuation mark above the second “n”)
In “It’s the Easter Beagle Charlie Brown” the gang goes to a store to get Easter stuff, they meet Peppermint Patty and Marcie (who are there to buy eggs) and there’s a display with Christmas stuff and a big banner “Only 246 Days until XMas” (in the Deluxe DVD it starts at the 5:44 minute mark)
There were numerous programmers rewriting code. I had several friends doing that. It was a concern, but not the civilization ending catastrophe some were claiming it would be.