Monday, July 20, 2009

We shouldn't give credit cards to young people...

...they are so irresponsible. Take 22-year-old Josh Muszynski of Vermont, for example... Visa slapped him a $15 overdraft fee because he overspent his credit limit when he charged $23 quadrillion ($23,148,855.308,184,500 to be exact) at a Mobil gas station in his neighborhood. That Josh... he is such a loose spender.

Think as he might, Josh couldn't recall what he bought for that price, which is 2,007 times the size of our national debt. Maybe Europe, on pump 4, he mused.

When he, in a panic, called Visa, he was told that if he paid his balance in 15 days, Visa would drop the overdraft charge. Kidding. What Visa did say is, "Whoopee! We made our budget this month." Kidding again. What Visa really said is "Huh?" It hadn't notice the slight error.

In a statement, Visa explained that the glitch affected "fewer that 13,000 prepaid transactions" as the result of a "temporary programming error... which caused some transactions to be inaccurately posted to a small number of Visa prepaid accounts."

Oh. That explains everything.

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