Efforts to understand, improve, or do less harm to the world around me.


Tuesday, May 04, 2010

Unusual account activity

When I bought a $1,000 laptop online a few years ago, my bank called me.  Verizon and other companies should do the same, especially for an $18,000 bill.  Although the article and its wording is obvious flame-bait, I was amused that Verizon's defense was "we educate the customer." They provide 20 different ways to check and control your account but won't even send an email after the first $200?  The first $2,000?

Lesson learned is to contact any group you hold accounts with and find out what they have in place to catch unusual spending (mint.com provides a service for this).  To avoid accounts getting started in the first place (identity theft), there are ways to avoid that too.

1 comment:

Kimberly said...

What you really have to look out for is unusual accountANT activity. Ask M.C. Hammer. He knows what I'm talking about.