How can they still be selling credit card numbers stolen from Target?
December 31, 2013 8:26 AM Subscribe
My understanding is that a stolen card or card number has a shelf life of a couple of days at most, before someone gets wise to the theft and cancels the number. The stories I'm reading suggest that these stolen numbers are good for quite a long time. The online stores that sell them even guarantee they're still good! Are the owners of the cards failing to notify the bank after realizing that their cards were used at Target during the period when all the numbers were stolen? Are the banks not scanning their files to find out which cards were used at Target during the period, and taking the initiative in canceling them?
posted by markcmyers to Work & Money (19 answers total) 2 users marked this as a favorite