Credit cards in Russia.....

CKhalvashi

Although the article is quite old, a quick search suggests this hasn't been posted before. I must say, I have to admire this guy for taking it as far as it's gone!

See link below!

CK

http://www.telegraph.co.uk/finance/personalfinance/borrowing/creditcards/10231556/Man-who-created-own-credit-card-sues-bank-for-not-sticking-to-terms.html

Sabbathdei

What a loser

bigadaj

All sounds a bit silly, think I'd avoid dealing with that bank at least.

grumbler

bigadaj wrote: »

... I'd avoid dealing with that bank at least.

Why? How is that bank special?

CKhalvashi

grumbler wrote: »

Why? How is that bank special?

Exactly!

I'd take a punt that this wouldn't be the only bank to fall for it, and due to the way things are scanned, it wouldn't surprise me if you could do this in the UK!

Please note: I'm not saying you should.

grumbler

I think in UK they don't send a signed copy back to you. You can forge only the copy that you sign and send to the bank. I think a UK court will see this a clear fraud as you sign not what you are asked to sign.

CKhalvashi

grumbler wrote: »

I think in UK they don't send a signed copy back to you. You can forge only the copy that you sign and send to the bank. I think a UK court will see this a clear fraud as you sign not what you are asked to sign.

That may be a point, however I'd view it as the bank should read what they're agreeing to before allowing the card to be sent out, thus not cancelling the contract, but at the same time not leaving it at a point where it can be used for that purpose.

I doubt there's any case law on this, so either (or possibly both) of our interpretations could be correct.

wiseshark

I would imagine fairly soon all banks and credit cards companies will be writing a new clause in to their T&C to avoid it happening again and any tampering of the paper work will result in fraud.