A funny thing happened to me. Well it wasn't that funny. I was reviewing my bank statement and saw a current charge from an eatery I hadn't visited in seven months. I know because my wife has a mind like a steel trap. I went to the bank to discuss the charge. While researching the charge we discovered that the eatery had not charged us while we were there seven months ago. The banker informed us that businesses can reconcile their credit receipts at later times. Seven months is a long time for a business to have the ability to charge your account if you are not under contract. Now I don't agree with this and will pursue it further, but it tells me that we should always check our statements monthly if not more.
Source: Fresh Start Consumer Care, LLC www.freshstartconsumercare.com
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