Credit Card Nonsense for today

In New York, Frank Van Buren, an accountant working in Manhattan uses an Exxon gas credit card for his business for 17 years. He called customer service because his card was near expiration, and he requested two new ones.

Three weeks went by. Then a rather large-sized box arrived at his doorstep in Texas. Inside were 1,000 credit cards! ONE THOUSAND! Each card was identical with his name and account number.

Van Buren called customer service and was told to destroy the cards. It took three hours to shred them.

A week later, another large-sized box arrived.

Behold! Another 1,000 credit cards! "How could you send me 2,000 cards by mistake?" Van Buren said he asked customer service.

Exxon Mobil spokeswoman Paula Chen - "We don't know what happened."

Citibank, who handles Exxon Mobil cards - "We certainly apologize to him for any inconvenience."

One huge problem was that every credit card had no activation sticker, so it seems these cards were active right from the start. Quite dangerous.

Then we go to Kyle Shoemaker, a 9-year old kid in Louisiana, who got two credit cards and an $18,000 line of credit.

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Kyle never submitted a credit card app, so it is likely that someone may be impersonating his identity but fortunately the credit cards went to their address. Who knows if they went somewhere else, Kyle would see his credit history completely ruined.

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Comments

Indeed, it is getting rampant. Seems like we are seeing the repeat of an old trick from the 80s.

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Posted by: john
Posted on: December 9, 2007 01:48 PM

Its about time someone created a solution to prevent credit card fraud, and mistakes. It seems so easy for these situations to occur. There must be a way? At the end of the day, how important, is the key to your finances?

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