Do Credit Card Generators Exist?
The first thing I'd like to point out is that the use of any form of credit card generator is massively illegal. Whatprice does not condone the use of credit card generators under any circumstances.
What are credit card generators?
Besides being illegal it is a piece of software that will make up a the details of a credit card that will fool the rudimentary checks certain online stores do when you pay for goods.
So, do they exist then?
Unfortunately the answer is yes, there are sites on the web and in particular via certain p2p networks that would allow you to download the software. If you've never seen a p2p network (like E-donkey or Gnutella) be wary. Although there are legitimate downloads available much of the downloads available are illegal. Besides even if you think you are downloading some legal patch or movie trailer the chances are you aren't. For example the movie Bambi isn't about some cute baby red deer! You are taking an executable file from an unknown dodgy source and by passing your firewall and anti virus to run it on your PC. Chances are it could install some spyware, steal all your passwords, credit card numbers and bank details and then trash your hard drive.
Why use a Credit Card Generator?
- Have no money
- Get a job or another one
- Reduce your spending
- Anonymous payment for activities
- Certain sites for adults require up front credit card details for entry.
- However, your IP will be logged and if needed any law enforcement agency could trace the website entry back to your computer.
- For a laugh
- I was laughing until the police charged me with fraud.
- The sites where you are likely to find this stuff can destroy PC hard drive if you are not careful and may be fronts for much more serious crimes.
- To order goods
- But where will they be shipped? To your home, it won't match the credit card invoice address if there is one. Some people have got round it as shown in this article.
Who pays for credit card fraud?
Ultimately we do. Banks and other financial institutions will pass on their losses to us in the form of higher fees and interest rates.
What is punishment for using one?
As it is fraud you could be sent to jail. A recent case (of much bigger proportions) in the US saw a British man sentenced to 14 years in prison for credit card fraud. You will get a criminal record which could have repercussions for the rest of your life.
Summary
Yes credit card generators do exist but if you use one you could:
- Go to jail
- Lose your hard drive contents to a virus.
- Introduce spyware onto your system which will steal your passwords and credit card numbers - hence other people start using your credit card (the irony).
- If you pay for the software you could be financing serious criminal activity
Check out the table below for the current Best Buy Credit Cards, as researched by MoneyExtra
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Date Added: Saturday 2nd January 2010
"I just got 1 question.What if they used the fake credit card numbers and uses a software that hides their ip address,can they still be traced?"
Anonymous
Date Added: Sunday 18th October 2009
"This page should be seen by all the people thinking about credit card fraud this the right thing that should be done"
Nacline
Date Added: Wednesday 13th May 2009
"people need to see this"
Sensu
Date Added: Sunday 25th January 2009
"why dont people just get an online bussiness instead of doing things like this "
jserna
Date Added: Friday 26th December 2008
"good"
dm7rb
Date Added: Sunday 17th February 2008
"There is another reason to use credit card generator and that is for QA and testing."
MortalGuardian
Date Added: Saturday 2nd February 2008
"thank's for your advise mr. you're absolutly right 100%, this is a crime of cyber space"
andy