Comment by fragmede
1 day ago
It doesn't have to be malicious. Some bug in their software causes them to withdraw all the money in that account, and you're SOL until that gets fixed. The amount of hassle on your end when they're not even going notice isn't worth the convenience, imo.
Absolutely not. You call your bank, report an unauthorized debit, and get your money back within at most 10 business days.
Even just assuming it's actually that easy and fast (I have my doubts), so for two weeks you have no money. All your bills to get paid don't get paid. You can't pay for food or anything. Hopefully it didn't happen when rent was due.
That doesn't sound like a huge PITA to you that could just be avoided by not giving them that access in the first place?
> All your bills to get paid don't get paid. You can't pay for food or anything. Hopefully it didn't happen when rent was due.
What's the difference between that and somebody's only credit card getting maxed out by fraudsters? They also can't use it until they receive a provisional credit by their bank.
If your point is that a credit card separates rent from other payments, nothing is stopping you from having multiple checking accounts either.
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