Thursday, May 11, 2006

Credit Card Signature

When credit card companies try to collect from you by taking you to court, they rely on your signature on the application as proof that you agreed to their contractual terms. First of all you didn't see the terms before you supplied your signature, and second they can't be sure it really is your signature. They didn't make sure it was.

John Hargrave at Zug.com decided to test the signature security on credit cards. You might find this shocking. If that isn't enough, he did it again, which was even more shocking than the first.

Think the credit card companies are worried about fraudulent charges? Think again.

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