when cards become dangerous

when we go on buying articles, goods with cards the debt increases and lot of burden falls on our pay bill. So when you consume credit money for articles, it is a burden. The money used by card should bring more money. then only the cards are useful. Otherwise the cards would be dangerous. I faced this problem. Then i found out methods how to hit them back with their own money.

How people evade cards

i know some wise guys who take much credit card loan atonce from many cards and go away to a remotest place in their native place and start an industry with that money. Most of the credit card banks fail to track them in that remote area. Even if they try to reach there, these guys keep some hired work men form their business to drive them off. Banks are also ready to part with this type of bad debts, as a part of their business. Afterall they get lot of money from innoncent debt trapped customers.

why to take credit cards

Many people are afraid of credit cards. This fear may be baseless. It is like a fear of fire. Fire can be used to cook food or burn our hut. similarly credit cards can also be used to improve our life.Banks have lot of money with them. They found taste in credit card business where they get lot of money through some dubious methods. Their penalties, interest charges, pick up charges other medical insurance , annual fee etc add up and rob us. so it is not unfair if some one finds a way to escape this legally illegal credit card debt.
when we need money none comes forward to help us except these cards. so, it is better to take from them instead of asking our friends or relatives and feel shy to see them again.

Credit card numbers

Credit card numbers conform to the Luhn algorithm, which is just a simple checksum test on the number. What you do is start from the right and double each second digit (1111 becomes 2121), then add them all together, and you should end with a number evenly divisible by ten. If it doesn’t, it’s not a valid credit card number.
The first digit of the number is the Major Industry Identifier. 1/2 are for airlines, 3 is for travel/entertainment, 4/5 for banking and financial, 6 for merchandizing and financial, 7 for petroleum, 8 for telecommunications. 0 and 9 are for other assignments but you’ll likely never see them. If you look at an American Express card, you’ll see it starts with a 3, a throwback to their travel/entertainment roots.
The first six digits will correspond to the issuer, including the major industry identifier. 34xxxx/37xxxx are for American Express, 4xxxxx is for Visa, 51-55xxxx is for MasterCard, and 6011xx is for Discover.
The rest of the digits (except the last one, which is a checksum digit) is your account number.