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October 22, 2007 - Borrower Beware
The New Hampshire Attorney General warned consumers Monday to scrutinize credit card offers that arrive with an unsolicited, ready-to-use credit card. Complaints have surfaced that a major credit card company aquired a department store credit card business and mailed customers of the department store credit card a new credit card without their knowledge. (Original article from Seacost Online). Many consumers mistook the new credit card for junk mail and discarded the live credit card, making them susceptible to identity theft.