'Skimming' a growing problem along Wasatch Front

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  • OCoug Ogden, UT
    Dec. 9, 2012 11:00 p.m.

    I disagree with two cents. But being a credit/debit card user I'm to lazy to articulate any further.

  • My2Cents Taylorsville, UT
    Dec. 9, 2012 2:29 a.m.

    I don't sympathize with the fools who are debt dependent. Get rid of credit/debit accounts, it says a lot about such phony excuses as its easier, its faster, in control of money, so they think.

    Cards are costing consumers 25 cents for every dollar of take home pay, cash back rewards is 1 penny for every dollar they spend, do your own math. Plus additional 15-25% for the retailers overhead and charged to swipe each transaction.

    Credit/debit cards are lending consumers the money with their payroll deposits as collateral on card loans. Being a loan the banks are allowed daily interest compensation issuing risky consumer loans. Just as in the home loan industry was proven to be a banking a scam, so it the credit/debit card industry.

    Consumers are disillusioned that they are drawing on their paychecks when in reality their pay checks are hostage for the money they borrow on a credit/debit card purchase. Banks reap/steal up to 25% of the workers payroll as it is spent.

    Don't listen to advertising and credit scores and how they are manipulated, cash and carry consumers need not worry them.

  • JSB Sugar City, ID
    Dec. 8, 2012 9:46 p.m.

    Is there any way a card could have a person's fingerprint on it and have a print pad on the pump or card reader so that there is no way anyone could use your card? Just wondering.

  • tabuno Clearfield, UT
    Dec. 8, 2012 9:23 p.m.

    Even with the significant cutbacks in staff and the sizeable reduction in news coverage by the Deseret News, its nice to periodically come across a locally researched news article by a reporter who can inform its readership of practical, timely, and evaluable reporting.