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Date:         Fri, 17 Apr 2009 14:11:58 -0700
Reply-To:     "Gregory S. Morrison" <gsm@GREGORYSMORRISON.COM>
Sender:       Vanagon Mailing List <vanagon@gerry.vanagon.com>
From:         "Gregory S. Morrison" <gsm@GREGORYSMORRISON.COM>
Organization: Declude, Inc.
Subject:      Credit Card Alert
Content-type: text/plain; charset="US-ASCII"

FWIW, just received my updated B of A credit card terms.

No buyer protection for anything purchased outside your home state or 100 mile radius of your mailing address.

Note: This is Bank of America's new policy. If other banks haven't already done this, they probably will follow suit.

I see this as a substantial change that will really cause problems for innocent buyers that will now be somewhat at the mercy of dishonest sellers. I say "somewhat" because I guess you don't have to buy anything with a credit card over 100 miles from your home, but for those of us that do, it represents the loss of a safety net for the buyer.

Be careful out there, Greg 86 Westy Syncro


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