credit

BREAKING: Bankers are greedy and evil

JPMorgan Chase wants you to sign the slip. According to the American Banker, in a mailing from JPMorgan Chase to customers whose debit cards had been switched from Washington Mutual when JPC bought WaMu, the bank strongly urged cardholders to sign the slip rather than enter their PIN when making debit card purchases. The mailing continues, “It’s not a credit card, so the money still comes out of your checking account. But by choosing ‘credit,’ you won’t have to enter your PIN in public.” Brilliant. JPMorgan Chase wants you to be safe. Sadly, it’s also terribly dishonest....

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