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posted by
Dopefish
on Monday February 24 2014, @09:00PM
from the don't-click-ok-to-accept-the-eula dept.
from the don't-click-ok-to-accept-the-eula dept.
andrew writes:
"Alternet.org reports recent updates to terms of conditions for Bank of Americas cell phone app and Capital Ones new credit card contract have given banks unsettling new abilities. These privileges include the authority to access to your phone microphone and camera or even showing up at your workplace and home unannounced at any time.
From the the article:
We're witnessing a new era of fascism, where corporations are creating intrusive and over-bearing terms and conditions that customers click to agree to without even reading.
As a result, corporations in America have acquired king-like power, while we're the poor serfs that must abide by their every rule or else."
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Have Terms of Service Become Totalitarian Tools?
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Fascinating is a word I use for the unexpected.
-- Spock, "The Squire of Gothos", stardate 2124.5
(Score: 1) by Acabatag on Monday February 24 2014, @11:04PM
True, but I can get by without Bank of America. They bought out the companies administering several of my credit cards, and a few years back when I was unemployed it was very unpleasant owing them any money. I would choose a number of other banks before the. Capital One is another similar outfit. They seem to offer credit to about anybody, but at usurious rates. Fine, but we're allowed to have, and voice our opinions.
(Score: 0) by Anonymous Coward on Tuesday February 25 2014, @03:53AM
> Capital One is another similar outfit. They seem to offer credit to about anybody, but at usurious rates.
I had a similar bad experience with HSBC. I was carrying revolving debt on several cards, and HSBC kept sending me zero-percent transfer offers. So eventually I took them up on one, and transferred one of my cards to their card for 1 year of 0% APR. Then a couple months later, my electronic payment to them (initiated a week ahead of the due date) got delayed due to a bank holiday, and ended up clearing 1 day late. They IMMEDIATELY charged me a late fee and rescinded my intro APR, charging me 19% on my transferred balance.
I called them up and asked them to refund the late fee and give me back the intro rate, since it was clearly not my fault the payment was late. They said no. So, I transferred the balance back to my old card, cut up the HSBC card, and told them exactly why they would never get another dime from me.
(Score: 1) by sjames on Wednesday February 26 2014, @12:48AM
Sure, but then you look around and see they've all made the same move.