Comments on: Wal-Mart Credit Compaint

By: Fred Z

Fred Z — Sat, 27 Jun 2009 01:23:26 +0000

Consider shorting or selling wal-mart stock.

All organizations eventually go senile, taken over by bureaucrats. The symptoms are usually pretty obvious and this surely is one.

By: Dr. T

Dr. T — Fri, 26 Jun 2009 22:13:35 +0000

My credit card company uses similar algorithms, but a verified phone call fixes the problem immediately.

I recommend switching to a card that offers a 2% or greater rebate on all purchases. Dump the Walmart card (that only has a 1% rebate).

By: Nick S.

Nick S. — Fri, 26 Jun 2009 18:34:39 +0000

You used your account more than you did last month, you sent in payments, and they don’t want to take your money for 3 weeks?

Legally, they have to put your payment in when they get it, correct? Sure they can lower your credit limit or put a hold on your account, but they still have to apply the payment. I guess whether they put it in the bank or not is a separate matter.

I’m sure there are very few people in the company who have any authority over how their computer system works.

Sucks for them…

By: Esox Lucius

Esox Lucius — Fri, 26 Jun 2009 18:28:06 +0000

Try being on a cross country motorcycle trip when the credit card company shuts down your only VISA card because their computer model says that while you live in Chicago, your credit card has made purchases in Indiana, Michigan, Ontario Canada, and then Minnesota over the course of 3 days. Then try to explain to them, while sitting in front of a gas pump that if they don’t turn on your credit card you will never get home, or get a hotel room at your next stop.

Compound that with the fact that there are no cell towers for my company in the Minnesota hinterlands and nobody has pay phones anymore.

I understand their need for loss prevention, but you think that they would have a phone number where they could read back your last few charges and select 1 if you really made them and select 2 if you did not.