The Downfall of Debit Cards

With more and more people using debit cards exclusively these days, myself included, there comes more problems.

I’m starting to see more and more stories of people either being overcharged or having holds placed on their accounts for various reasons.

Here are some of the downfalls I’ve seen of using debit versus credit cards:

  • some places put holds on your accounts to insure payment (gas stations, hotels, etc)
  • you may not benefit from the same protection as credit cards when it comes to unscrupulous merchants, fraud, etc. (I had an experience with this last year where the bank specifically told me they could help me if I had used my credit card instead of my debit card…)
  • credit cards sometimes offer cash back rewards or airline miles per dollar spent
  • liability protection is better in most cases (smaller liability limits, if any; it doesn’t hold up your funds if something goes wrong, etc…)

I have not bought checks for about three years now and don’t plan to any time soon. I have been using my debit card but I am thinking about switching to a credit card instead (with cash back incentives or airline miles included of course) and just paying the balance in full every month.

With all the risks: holds, overcharges, limited protection, etc; it seems to make sense.

What are your thoughts?

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WordPress Export/Import

This is an open call to Matt and his team on how to resolve this export/import problem that many users are facing as indicated in this thread.

I’ve tried to export my blog and import it to my own install many times over the last few months, trying any method I can find in the forums to no success.

I’ve tried multiple servers in multiple data centers with multiple host OS’s and PHP installs.

I’m led to believe that the export from to import in a installation just does not work.

Please prove me wrong.

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Headline of the Decade

You’re right Jason, but I doubt most people will see the pun:

Skywalkers in Korea cross Han solo

(To those that don’t get it: It’s a play on words related to the movie Team America)

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Regular Expressions, Easy at Last

Being a programmer, I can always appreciate a well written technical tutorial.

This has to be the best tutorial ever written on Regular Expressions:

The absolute bare minimum every programmer should know about regular expressions

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Raise your gas prices or be fined!

MERRILL, Wis. – A service station that offered discounted gas to senior citizens and people supporting youth sports has been ordered by the state to raise its prices.

Center City BP owner Raj Bhandari has been offering senior citizens a 2 cent per gallon price break and discount cards that let sports boosters pay 3 cents less per gallon.

But the state
Department of Agriculture, Trade and Consumer Protection says those deals violate Wisconsin’s Unfair Sales Act, which requires stations to sell gas for about 9.2 percent more than the wholesale price.


Government at its best…

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You can sell anything online

Case in Point

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Statutes of Limitations – On Debt?

Most people know that there are limitations set as to how far back a crime is punishable (except murder), but did you know there are similar statutes set on debt repayment?

Here is the list for all states and what their limits are according to debt type.

Remember that all knocks on your credit report go off after 7 years. So if you have carried debt for a long amount of time, without payment, and you are nearing the 7 year mark anyway, it may be best to save yourself the money and let it erase itself.

Of course I don’t recommend it, or carrying any unsecured debt for that matter, but there comes a time when it makes sense to just cut your losses.

And remember, debt collectors are like police officers, they like to prey on victims that are not familiar with their rights. Make sure you educate yourself on your rights before tangling with either…

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