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Comment by smnrchrds | Hacker News Reader

That sounds dangerous. If you sign up for a gym and then your credit card stops working for whatever reason, it won't cancel your contractual obligations. You would still be legally liable to pay the fees for the duration of the contract. So I imagine you would have to deal with debt collectors and crappy credit for years to come.

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In my experience most vendors will just cancel/pause your account in the event of a failed transaction, unless it is for a very large amount (>$50) they wont bother sending it to collections because there are fees for them to do that.

In my opinion the best benefits of privacy.com is that you can provide a fake name and address during signup (they will authorize it with any name/zip/addr). Good luck sending stuff to collections without my real name or address.

Mercury.com also provides a similar virtual card service to business banking customers, but unfortunately they don't let you use fake names/addresses like Privacy.com does (probably for good legal reason).

Gyms will and have absolutely sent people to collections for $80-100 or less.

How do I downvote?

https://github.com/minimaxir/hacker-news-undocumented#downvo...

You don't have enough karma to downvote.

I'm not sure someone saying "cancelling a credit card doesn't cancel a contractual obligation," which is an objective fact, warrants a downvote either.

Sounds dangerous. It might mess up my ability to consume more stuff.

OP here....based on the comments, it probably does :)

Even though the article was a blatant ad for privacy.com in all fairness just a few more clicks would have answered it.

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