Mike
Kelwood,#2Consumer Comment
Sun, February 11, 2007
Does "cancelling your credit card" stop the process? I filed against "some" of the same companies in the report just before yours, and amazingly received a full refund, but in the process I learned a scarey thing. MasterCard, however, informed me, AFTER I had cancelled my card, that even though the CARD is cancelled, the ACCOUNT is NOT. Why they didn't tell me at the time I launched a dispute over the unauthorized transactions and cancelled my card is beyond me. They said NOTHING will prevent the abuse from continuing, unless the companies fraudulently attacking the account have cancelled your account with them. I was speechless to learn that MasterCard refuses to honor my request to stop any further attempt/s to add insult to injury. So BEWARE, all who "think" that by cancelling their card the abuse will cease. Will it? Are you absolutely certain? In my case I received a written confirmation from Bargain Network/Bargain Home that they have cancelled the account and will make no further debits, but such promises as those, I see from other reports, have not always been honored.