Hardly a day goes by without getting a credit card offer in the mail. Preapprovals, pre-approvals to apply and sometimes worthless credit card appearing “this could be you” props included in these annoying pieces of junk mail that we intuitively know must be shredded. Odd enough, this problem is far older than anyone would imagine as one unfortunate Kansas livestock trader found out the hard way in 1899.
The First Case of Credit Card Fraud – 1899 – Fraud –Repossession History






More Stories
Subprime Auto Loan Meltdown – Is History Repeating Itself?
Boost Recovery Results with Vendor Scorecards
Bankruptcy Filings Are Rising — What Does This Mean for Collection Strategy?