posted on Mar, 5 2006 @ 01:49 PM
One of the things I do at work is process credit card payments. There is NO POLICY, I repeat NO POLICY that involves contacting homeland security for
ANY credit card payment.
I have pretty serious doubts aboutt his story.
My experience involves two financial institutions and one of them went through three mergers (with policy changes in tow) in four years. My
experience reaches before and after 911.
There is NO POLICY that states if you pay over the percentage of X.......blah blah blah. NO POLICY!
If, however, you pay in cash and that cash is over $10,000US, that will involve a report to the Secret Service. The Secret Service will perform a
routine investigation and unless you are not reporting certain income to the IRS, its no sweat.
Are other media sources carrying this story?
They were told, as they moved up the managerial ladder at the call center, that the amount they had sent in was much larger than their normal monthly
payment. And if the increase hits a certain percentage higher than that normal payment, Homeland Security has to be notified. And the money doesn't
move until the threat alert is lifted.
I can say with 100% confidence that the above quote is a lie. That policy does NOT exist!
I can assure you with personal experience, the money does indeed move when you make a payment. Banks do NOT put holds on ANY loan payments. If the
check bounces, the debt is simply reapplied with fees.
I am curious if JC Penny mastercard has any clue this story is going around.
Does anyone know how to report such information to snopes.com? I *JUST* reported it to snopes.com (a website that investigates urban legends).
We shall see (maybe).