My Mom meticulously scans every credit card, cable or cell phone bill to ensure that no errors have been made or hidden fees have been issued. I, on the other hand, don't have the time or the patience to do this. And I'm sure along the line, I've been
overcharged or scammed in some way.
BillGuard, a startup launching to the public today at
TechCrunch Disrupt, aims to alert users of unwanted charges such as hidden fees, billing errors, scams and fraud on credit card bills. The essentially crowdsources scams by alerting you when a charge on your bill is flagged by anyone else using BillGuard or posting scams on online forums. The startup will also take into account its own analysis (which the company has been working on for the past year) and monitor the web for any complaints about credit card scams.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/l4PmaFzgNlE/
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