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Category Archives: Protecting yourself

Student credit card bribery

Emily Crone

I graduated from the University of Texas in May. During those four years, I can’t tell you how many times I saw students on their way to class being bribed to sign up for a credit card in exchange for a slice of pizza or an oversized T-shirt. To me, it seemed moronic to become financially obligated in such a serious way just for some free greasy food or cheapo merchandise, but it appears that many students have fallen for these tricks.
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Hangups with paying via mobile

Emily Crone

Call me old-fashioned, but I want my cell phone to be a phone ONLY. Well, unless it’s an iPhone, but that is a whole different species. I’m talking about all these new phone/MP3 player combinations featured in commercials with Beyonce. Or paying extra for a phone with a built-in camera and video camera, with quality so terrible, it’s difficult to decipher what the fuzzy images are. I am perfectly content with having a sturdy iPod, a high-quality camera and a well-made cell phone rather than combine them and compromise quality and usability. Now that there is talk of mobile phones being used as credit cards, I am, as you can imagine, not thrilled with the idea.
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FTC study highlights credit card fraud

Jeremy Simon

According to a recently released survey from the Federal Trade Commission, 13.5 percent of the adult U.S. population fell victim to fraud in 2005. Of the 30.2 million Americans that got scammed, credit cards were the payment method in 37 percent of all cases, making plastic “the most commonly used method of payment for fraudulent transactions.”
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