our latest scam hit - Uber Cash charge to our CC

[NRaleighLiberal]

I was looking at our credit card statement on line and noticed a 100 dollar charge for something called Uber Cash. Called them up - turns out Uber doesn't take phone calls - they push you to send a message through the App. In the meantime, I disputed the charge with our CC company - which automatically cancelled the card - a new one is issued.

I did hear from Uber and they refunded me (meaning this is something they just decided to do???)

Meaning - anyone getting auto charges (public radio, public TV, Pandora, Amazon, Netflix, etc) needs to have the payment info updated. What a pain....

Just another warning to keep an eye on your credit card statements - this is the 3rd time at least in the last 10 years when we've had our info compromised and needed our card reissued.

Also - if you use Uber, watch out for charges you didn't make!

[SWBTATTReg]

1. Thanks for the warning. It's going to get to the point where folks won't want to use CCs or...

the like at all, and pay just cash. The abusers are pretty well shooting themselves in the foot.

[llmart]

3. Maybe we'll come full circle eventually.

I wonder if that would be a bad thing? I happen to think that most people overspend because of the convenience of debit/credit cards. If you have to pay cash then you see the effects in your wallet immediately. Of course, we'd all have to go back to writing checks for bills and I wouldn't like that, but would it really be that much of a hardship? I don't know. I like having all my household utility bills automatically deducted.

No matter how we pay for things, there are always crooks out there who will find a way to steal something.

[SWBTATTReg]

4. I think you make a good point w/ the overspending. I too, like the automatic deduction of ...

payments for bills, etc., it's so much easier. I do have some immediate family members that still don't believe in it (debit or credit cards), and actually a dad and uncle still that believes in carrying the cash on themselves (all of it!).

The ready availability of credit has led to overspending by many, including up to a third of all new cars you see on the road today (1/3rd of all new car purchases will be reprocessed), a fact that I heard that shocked me (in short, looking at 1/3 of all cars on the roads will be repo'ed).

Living within one's means is one of the most important things you can do in life, as well as build up a nest egg of savings so you'll never have to borrow for the most part from others. You can view it as paying yourself the interest. It'll free up so much stress in life.

Take care...

[llmart]

5. I have a brother who lives like that...

He pays for everything in cash and maybe checks. I just hear this third hand from another sibling. But this brother is one of those who lives out in the woods somewhere and is fairly anti-social. I doubt he's ever touched a computer in his life.

I agree with you wholeheartedly about living within one's means. I've done that most of my adult life and now that I'm retired that habit serves me well. I have enough of a nest egg I believe to last me the rest of my life and I still live very frugally. However, I doubt I'm in the majority because I know way too many boomers who keep saying they will never be able to retire and yet they also talk about their shopping exploits. I have never enjoyed shopping at all, actually despise it. It seems like such a waste of life wandering around looking at crap you can live without. I always ask myself, "Who am I making richer than they already are by buying this stuff?"

[SWBTATTReg]

6. Smart. And you too...I don't enjoy the shopping either and only go when I have to. I like ...

your thinking in 'who am I making richer by buying this stuff?'. This is a great way to think and with the way things are going, before too long, the 1%ers are going to own everything, and the rest of us will simply be economic slaves to these people. Take care!

[appalachiablue]

2. It is becoming a pain, a big one and more common every year.

Credit card abuse is rising while more and more companies require/promote auto payment- utility, health carriers, telecoms, etc. Providing replacement card info. is a hassle. Been thru this several times lately like you. Stay safe & best of luck.