Social Media's Relentless Shopping Machine Has Created an Army of Debt-Laden Buyers (theverge.com) 113
The influencer economy that Goldman Sachs projects will reach nearly half a trillion dollars by 2027 depends on a less-examined population: the influenced, millions of people who find themselves accumulating debt and clutter after years of exposure to what amounts to a 24/7 digital infomercial.
Antoinette Hocbo, a former marketing professional who knows the tricks brands use to chip away at willpower, bought a $199 Pilates program, an iPad, and an arsenal of makeup products after TikTok's algorithm served her a stream of aspirational content. The Pilates gear now sits unused. Elysia Berman accumulated over $50,000 in debt across four credit cards and four buy-now-pay-later services during the pandemic, purchasing items she never wore because influencers recommended them.
A 2024 Pew Research Center survey found 62% of adults on TikTok use the platform to find product reviews and recommendations. Marketing expert Mara Einstein told The Verge that brands now need seven exposures to prompt consumer action, up from three in the pre-social media era. The vastness of the internet has allowed available products to bloat beyond imagination.
Antoinette Hocbo, a former marketing professional who knows the tricks brands use to chip away at willpower, bought a $199 Pilates program, an iPad, and an arsenal of makeup products after TikTok's algorithm served her a stream of aspirational content. The Pilates gear now sits unused. Elysia Berman accumulated over $50,000 in debt across four credit cards and four buy-now-pay-later services during the pandemic, purchasing items she never wore because influencers recommended them.
A 2024 Pew Research Center survey found 62% of adults on TikTok use the platform to find product reviews and recommendations. Marketing expert Mara Einstein told The Verge that brands now need seven exposures to prompt consumer action, up from three in the pre-social media era. The vastness of the internet has allowed available products to bloat beyond imagination.
sponsored videos (Score:3, Insightful)
Re: sponsored videos (Score:2)
As long as a review cores a products features adequately, I don't care if the reviewer is getting hookers and blow.
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How would you know the difference? Because you trust the influencer so much? Sucker!!!
When a review is paid for by the seller, the review is never impartial.
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People who aren't you can tell the difference between an honest review and a shill using the same basic critical thinking skills they developed in primary school.
Even the best critical thinking skills are still ignorantly human. As AI marketing advances, you won't even know the bot on the other end scamming you, isn't real. Even when you're looking right at it.
30 years from now you won't be able to tell when it's walking right at you.
The real dipshits in society, are the ones who assume otherwise. PT Barnum would have been the first multi-trillionaire today.
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How would you know the difference? Because you trust the influencer so much? Sucker!!!
When a review is paid for by the seller, the review is never impartial.
But...
Yes, I did receive this product for review from the company for free, so please take what I say with a grain of salt. That said, my opinions are my own, and I will be honest with both my praise and my criticism of said product. Now? On to the review!
Yeah, right. Human nature alone says you got new shiny for free, you'll be enamored with new shiny, regardless of how often new shiny arrives in your cave.
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Indeed. People tend to brush off the disclaimer and believe the influencer anyway. It's like those drug commercials with the soft, droning voice telling you how many ways the drug can kill you, while the video shows pictures of people having fun together, jumping into the water, setting off fireworks, anything to make you not notice that droning voice. *This* is how we should regard reviews that contain these disclaimers. The disclaimer is there to distract us from the pleasing words surrounding the product
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Indeed. People tend to brush off the disclaimer and believe the influencer anyway. It's like those drug commercials with the soft, droning voice telling you how many ways the drug can kill you, while the video shows pictures of people having fun together, jumping into the water, setting off fireworks, anything to make you not notice that droning voice. *This* is how we should regard reviews that contain these disclaimers. The disclaimer is there to distract us from the pleasing words surrounding the product, attempting to be "honest" while at the same time saying what the advertiser wants you to hear. Those influencers know full well that if they don't say things the advertiser wants them to say, the advertiser money will soon disappear.
Believe the "influencer"?
Oh yeah. I'm always worried about the impact on my axe throwing plans when I'm considering an anti-inflammatory to take after a skydive.
A North Korean soap opera about who won World War 3, has more authenticity.
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Apparently, registrations_suck does believe the influencers he watches.
Re: sponsored videos (Score:2)
Seek some therapy for that anger you carry around.
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No anger here, just common sense.
If you get paid by product manufacturers to review their product, and you air critical reviews, guess what happens to your income? Product sellers don't like bad reviews, so they'll go where they can get good reviews. Influencers know this, and want to keep the money coming, they don't want to bite the hand that feeds them. So guess what they'll do...they'll keep the good reviews coming, so they keep the money coming.
This is precisely why Consumer Reports doesn't accept free
Re: sponsored videos (Score:2)
A smart and ethical reviewer simply would not review products that can't rate well.
They DO exist.
I've turned down free product in exchange for favorable reviews twice. I've also declined to change my posted review in exchange for payment of some kind. Twice.
Besides which, not all reviews are sponsored. I've made good, high quality reviews and didn't get paid for them.
Besides which, if people use reviews to get product info, and do not pay much attention to the reviewer's feelings.
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Yes, ethical reviewers do exist. The problem is that you, a consumer of the reviewers' material, don't have enough information to determine which ones those are.
Re: sponsored videos (Score:2)
But it doesn't really matter since you can use return the product if you don't like it.
People buying stuff that they never even open is NOT an issue of unethical or bad reviewers.
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Well, sure, you can usually return a product you don't like, if you don't mind the hassle of packaging it up and shipping it. And many return policies require that the package be unopened, or you incur a restocking fee. And you get pay shipping yourself, a cost that can be as much as the item's value.
And then there are gifts. My son bought me a $90 grill scraper from an influencer, and gave it to me as a birthday gift. Instead of bristles, it had little rings, like chain mail. It was supposed to be much les
Re: sponsored videos (Score:2)
I won't buy something that doesn't have a free and easy return policy.
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And you can tell by watching the influencer's video, that they *follow* their "free and easy" return policy. Great move! (Those who are squirrely about returns, don't exactly announce it.)
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Just as an aside here, if any vendors reading this are willing to pay me in hookers and blow to push their stuff on TikTok, please DM me.
As you were...
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Just as an aside here, if any vendors reading this are willing to pay me in hookers and blow to push their stuff on TikTok, please DM me.
As you were...
I guess the line starts here. I'm looking for guitar and amp sponsors. Coincidentally, they should have a fairly significant supply of hookers and blow available just for their usual endorsers, and I'd be happy with just the scraps. I'm old, and my tolerance isn't real high for either.
Re: sponsored videos (Score:2)
Hookers and blow availability would definitely influence me in a variety of ways.
Re: Yawn (Score:3)
This kind of thing can lead to insolvency crises which can affect you.
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âoeI get mad every time I use it,â Hocbo says. âoeThese TikTok people convinced me this is the way, but now I have this stupid part of my makeup routine because of them.â
Soccer mom shocked to discover that advertisers lie to you after buying shit she doesn't need with money she doesn't have. Film at 11.
People are sheep (Score:5, Interesting)
I guess I'm a grumpy old codger, but I simply don't understand how people get sucked into stuff like that.
I buy what I need, and replace it when it breaks beyond repair. I try to get stuff of good quality, even when it costs a bit more, and I'll try to fix it if it quits. I'll buy "cheap junk" if it's something like a paint brush that I'm going to use once and throw out.
I don't know why schools don't teach financial literacy. Parents used to do that with their kids, starting with "Here's your allowance, this is what you get for the week". But now it seems the parents themselves don't have any understanding of money management either.
Re: People are sheep (Score:2)
Re:People are sheep (Score:5, Interesting)
I guess I'm a grumpy old codger, but I simply don't understand how people get sucked into stuff like that.
Also, is this really a social media thing? Isn't this more of a gullible people with no financial self-control thing? Wouldn't these types of people get suckered by any form of advertising?
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She makes wishlists of items she sees that she will come back to later, and has worked to develop hobbies not tied to accumulating things. But the pull is still there at times, especially after a period of scrolling.
That's akin to a drug addict leaving syringes full of heroin lying around the house. The pull is still there...
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I do that. If it sits in my wishlist for a year or two, I realize that I really don't need [coolthing]. I may still want it, but I'll usually delete it.
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Also, is this really a social media thing? Isn't this more of a gullible people with no financial self-control thing? Wouldn't these types of people get suckered by any form of advertising?
Monorail [youtube.com] says yes?
Re: People are sheep (Score:2)
I think one point being made is that the current advertising and media landscape, which depends on social media and so-called influencers, is particularly good at grifting people who can be grifted. It doesn't contradict your point, but if people have certain weaknesses, we shouldn't be fine with a culture of predation aimed towards these weaknesses. Unless you're a libertarian and you think everyone should just use their free will to make better decisions, and lying or distorting the truth to make money is
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One reason is the dopamine rush that one experiences when one buys something new. It's addictive and if people aren't otherwise happy with life they are going to chase after all kinds of things that provide this rush.
The natural, unenlightened, mind believes that happiness is attained by fulfilling desires (and chasing that dopamine rush). This only works in the short term and the effect weakens the more one indulges. Overcoming this requires education about this, self-awareness, discipline, and the mean
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You may think so, but even you are susceptible to marketing. That's the great thing marketing doesn't want you to know: It works even when people think it doesn't. You may not want cheap junk, but that doesn't make you immune from all of it.
A large portion of your life is dictated by what you know about the world, and a significant portion of that is delivered via marketing. You almost certainly are surrounded by stuff you wouldn't have otherwise bought were it not for marketing, even if you didn't do it co
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You can't fix stupid. (Score:2)
Elysia Berman accumulated over $50,000 in debt across four credit cards and four buy-now-pay-later services during the pandemic, purchasing items she never wore because influencers recommended them.
If the influencers jump over a bridge, will she also?
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If the influencers jump over a bridge, will she also?
Hope springs eternal.
And advertisers are COMPLAINIG???? (Score:2)
We have more people in debt than ever before due to constant advertisement on social media and we have people COMPLAIN that it got less efficient because it now needs 7 instead 3 "exposures" to "prompt consumer action"???!?!?!
7 exposures? (Score:5, Funny)
Must...buy...MongoDB...
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Oh darn. My karma points evaporated over the weekend or I'd mod this funny,
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MongoDB just pawn in game of life.
Buy Now pay later is a life trap! (Score:2)
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TBH, if I wound up in that situation, I'd just file bankruptcy. Yes, people will mock those who do that. However, it is a legal mechanism to seek debt relief, and it shows good faith. It is a last resort, but you can go on with your life, and it is a lot better than just ignoring the loans for four years while creditors sell the loans back and forth to try to get around the four year statute of limitations, or do things like call neighbors nightly saying that person at 100 East Elm has not paid their bil
It doesn't take an infuencer (Score:2)
for people to go bankrupt. It does enable them, but last time I check most everyone is responsible for what they spend. If you are stupid enough to fall for the commercial machines that are slurping up money then you are that stupid. If the majority of people would push back on companies instead of accept whatever they want to charge, then we wouldn't be where we are at today with enshitification
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Pre-2000, I would say that is the case. These days, there are no jobs, advertising is highly targeted, there are a lot of "must have" subscriptions [1], and pricing for basic items is going asymptotic. Plus, sometimes getting the basic tools to do one's trade can be expensive. Certificates are not cheap (and you are not going anywhere with IT without them), education isn't cheap.
Now, whatever it takes for one to survive. Bankruptcy is better than just ignoring debts for four years.
[1]: One could dismis
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Must have subscriptions as far as what? Netflix?
People deserve what they get (Score:1)
If you're that stupid/lacking willpower/whatever that you immediately go off and buy something because you saw it online, you deserve what you get.
You're an adult, supposedly with something approaching intelligence and self-control. If you're $50K in debt because you're continually buying junk, the problem is not with the influencers.*
* They're called shills. Call them what they are.
Self medicating humans (Score:3)
We're living in a fascinating era. Life is too difficult for many people, and the angst this creates leads to depression.
Some people try to eat their depression away, and some try to spend themselves out of its clutches purchasing the newest shiny thing.
Get off the scrolling treadmill, go outside, throw a ball with your dog, and last but not least, have a drink at the end of the day and kick your feet up.
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All we know for sure is that in late stage capitalism, the extreme (rather than the creme) rises to the top.
There's too many obstacles for the underprivileged, and not enough challenges for those who overcome the financial hurdle. The previous consensus that a healthy middle class makes the nation greater has been lost on our Representatives.
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History cannot be subjected to scientific analysis, nor can the future be accurately predicted from it. All of Marx's theories are based on the idea that the future can be accurately predicted, yet ALL of his predictions were wrong. What was the result? Every major war and genocide committed during the 2
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Must buy a dog and a ball then.
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Hah! The secret is in the sequence of events.
Try a ball out for a couple of weeks. If that's suits you, pickup one of the condemned pooches at the local Pound.
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What is old is new again. (Score:5, Insightful)
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I immediately thought of that video where the convertible ladder collapses under the host.
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a fool and his/her money are soon parted (Score:2)
Women... (Score:1)
A man will pay double for something he needs to have it right when and where he needs it. A woman will pay half price for something she doesn't need simply because "It's a good deal!" Women make purchases based on emotion. There are entire industries built around this. Cosmetics being the biggest one. Fashion being second. Hell, even plastic surgery. Women shop based on emotion. Tell them what they want to hear, and they'll pull out a credit card so fast you'll feel a shockwave.
The same industries kind of e
Re:Women... (Score:4, Informative)
A man will pay double for something he needs to have it right when and where he needs it. A woman will pay half price for something she doesn't need simply because "It's a good deal!" Women make purchases based on emotion. There are entire industries built around this. Cosmetics being the biggest one. Fashion being second. Hell, even plastic surgery. Women shop based on emotion. Tell them what they want to hear, and they'll pull out a credit card so fast you'll feel a shockwave.
Sure, whatever you say. The reality is that most studies show that, while the categories they spend most on differ from women, men tend to spend more than women on non-essential products based on emotion.
Advertising for men revolves more around giving a sense of purpose, practicality, productivity, freedom, endurance, and adventure.
In other words, appeals to emotion.
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Almost every person in the TFA was a woman. The men:
1) the long dead, Mr. Pilates
2) a male influencer.
Also, men make purchases for women, rarely do women purchase for men.
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How to tell me you aren't married without telling me you aren't married.
Re: Women... (Score:2)
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How does one gather? Browse the landscape looking for anything useful to bring back. How does one hunt? Going out focused on tracking down a specific thing and bringing it home. Anyone who has gone shopping with a member of the opposite sex has been annoyed by this but may not have realized why.
"Darling wife, I thought we came here because you needed a bra. Why has it been three hours and why am I pushing a sho
What the actual fuck editors. (Score:2, Flamebait)
no, social media is not creating debt laden people low wages and monopolies raising prices is.
Fuck what a particularly nasty piece of clickbait. But you got me I clicked it and I commented so you win I guess.
When the species of super intelligent raccoons or beavers take over from us after we drive ourselves to Extinction through sheer stupidity I wonder what they will think of this crap.
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And why would you call it "right wing agitprop"? It strikes me as an anti-consumerism article, and I don't think those usua
Who ARE these people, and can I have their number? (Score:4, Funny)
I promise, i won't sells them anything.
ldiots, every one of them (Score:1)
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If this is your problem (Score:2)
If you have this sort of shopping problem, you should move to a tiny apartment. Nothing kills the joy of buying stuff like having to throw other stuff away to fit the new.
"Standard of Living" measures the wrong thing (Score:2)
Our society has become progressively more and more materialistic to the point where "Standard of Living" has come to mean how much stuff you can own rather than how happy and healthy you are.
Honestly, once you have enough stuff for your basic needs, and then a bit more just for fun, I find any additional item is a net negative for my happiness. I also get extremely irritated by built-in obsolescence and I try to make my stuff last as long as possible.
Society teaches us to consume rather than think.
Let me fix that headline for you: (Score:3)
Some People are Too Stupid To Have Credit Cards
At least 30 years ago these people had to get off their ass, look in the mirror, and then drive down to the mall. Sure there was tv shopping; but you really can only buy so many shitty bracelets and necklaces.
Hey new generation. No this isn't a generational problem. The same people said it about my generation and the one before it. Please internet generation hear this:
" You aren't worth it. You don't deserve it. Shut up and get to work. "
Repeat that to yourself the next time you Ubereat and think something looks nice on a facebook or tiktok.
Bought cause of influencer, you're a dumb arse... (Score:2)
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Wake up, people (Score:2)
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What do you do when the deck runs out while building this house of cards?
Re:Debt makes the world go 'round (Score:5, Funny)
What do you do when the deck runs out while building this house of cards?
Buy more cards - duh. /s :-)
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If you're an individual you declare bankruptcy, if you're the US government you print another deck, a.k.a raise the debt limit.
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I don't think that's a uniquely Russian strategy, but I perhaps have experienced too much of the 20th century as an American.
Re:Debt makes the world go 'round (Score:4, Insightful)
Our economy is bullshit. Its based on selling people shit they already have or do not need. We build virtually nothing of value. Wall street hires entire nations to make junk no one wanted nor needed.
But hey Mother Nature is mostly done with cleaning up the mess she made when she created Homo Sapians. We should be gone in 40 years tops.
Re: Debt makes the world go 'round (Score:2)
Oh no!!! Tell us more, oh mighty Swamy!!!
Re: Debt makes the world go 'round (Score:2)
Short of a dinosaur-killing asteroid, there is absolutely nothing that could wipe out every human within 40 years- including disease. We are too widely dispersed on the planet.
Also the CO2 concentration during the dinosaur age was 10-20 times what it is today- so if youâ(TM)re referring to global warming killing us- thatâ(TM)s also a fever dream.
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Our economy is bullshit. Its based on selling people shit they already have or do not need. We build virtually nothing of value. Wall street hires entire nations to make junk no one wanted nor needed. But hey Mother Nature is mostly done with cleaning up the mess she made when she created Homo Sapians. We should be gone in 40 years tops.
Not gone, but the herd will thin, and probably more along the lines of a century or so. I think in the end there will be small pockets of humans left, those who are now considered extremely wealthy, though that wealth won't mean much when we get the right set of circumstances to wipe out the electronics we've woven so tightly into society that even a small-scale Carrington event in galactic terms would mean disaster. We rush headlong toward the dumbest possible outcomes because it makes profit for those wea
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i actually buy very little. My newest car is 21 years old.
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Our economy doesn't work without it
Correct. That is why they still refuse to teach simple personal finance in Middle School level Pub Ed.
Re: Farmers will be able to afford it at least (Score:1)
Did they actually get it? I only saw it was proposed.
Will farmers actually get it? Farm subsidies are mostly claimed by large corporations.
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I remember seeing the same story in the 80s when credit cards became widely available to everyone. I guess it's a lesson each generation needs to learn anew.
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Yeah, in the '50s "Keeping up with the Jones's" was the meme for the same behaviors.
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I remember seeing the same story in the 80s when credit cards became widely available to everyone. I guess it's a lesson each generation needs to learn anew.
Giving children a solid gambling addiction by age 16 via the sports card industry pimping "1 of 1" golden tickets to parents spending the mortgage chasing a cardboard dragon, with that effort only being financially worth it with the drunken gamble of spending hundreds of dollars to submit it for professional grading in which only a dice roll of a perfect PSA10 will avoid bankruptcy in a viral market begging for a recession that has fucking ruined card collecting.
Credit cards, weren't being marketed and sol
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Credit cards, weren't being marketed and sold to children before. BIG difference.
What's the minimum age to get a credit card these days? I'd be surprised if you could sign up for one before you're 18. That's not a child.
That said, I remember getting credit card offers when I was around 20 (which was in the 80s). I had a friend who delighted in how many credit cards he had and rotated between them to get the maximum float before having to pay the bill. And that's when I remember hearing endless (and still good) advice about how you should pay the bill every month and hearing numerous sto
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Credit cards, weren't being marketed and sold to children before. BIG difference.
What's the minimum age to get a credit card these days? I'd be surprised if you could sign up for one before you're 18. That's not a child.
Uh, that was kind of my entire point. The sports card example I provided IS being marketed to children now. Directly to children. And their junkie parents with lottery-grade five and six-figure potential payouts if the stars align as Insta-tok advertises those cardboard dragon payouts as 'easy'. Makes Las Vegas marketing look like Mormons marching for manure costs.
And sadly, all you need is a parents approved signature on any debit/line of credit card and damn near any age kid can abuse one today. An