Well, I just read about a low-tech scam out there where thieves are trying random credit card numbers and when they find one that works, they cut out the numbers from an old card to form the working number and glue them onto a new card .

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CEO Jeff Immelt told investor analysts this summer that GE hopes to complete a deal for the private-label credit card business before the end of the year.

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Until recently, most credit card companies didn’t disclose the fact that a 2-3 percent transaction fee would be attached to each international credit card transaction.

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