We had a company charge our credit card about two weeks ago that we closed 1 1/2 years ago due to it being stolen. We got a letter in the mail stating that a charge was made using that number and that they tried several times to reach us, no they didn't letter was the first we heard about it, and they transferred the charge to the new account number. I can't understand how the bank can not raise a red flag on this charge, and actually just roll it over to the new account. So I am wondering that when you make a purchase, how long does the company have to charge your credit card before the statute of limitations expires?
2006-09-05 10:47:16 · 6 answers · asked by Goose 1 in Business & Finance ➔ Credit
The card is a government travel card, or GTC, for military members. This is the card they use when they are on the road for their hotels, rental cars, food, ect.
Report was filed immediately with police, and still have copy of report. Bank was notified immediately. All charges transferred to new account immediately. There were no auto payments to card. Due to the nature of the card, all receipts are kept for filling travel vouchers, so it’s difficult not to miss a charge, especially when this charge is for over $400 if we want to make sure we get reimbursed.
The account was closed a year and half ago, and the charge showed up two weeks ago. The letter that informed us of the charge states that the first account was “closed due to security reasons… we have transferred the charge to our new account number ending in ****. If you do not recognize this charge or have any questions concerning this matter call *****”
2006-09-05 12:23:00 · update #1
It sounds like you notified the credit company of the theft, but did you ever file a police report and send a copy of the report to the credit company?
If you had a balance on that card that "you" made, before it was stolen, did you pay that when you closed the card? If it was from a charge that you had made before the card was stolen, then yes, you are responsible for it.
If the charge was made after the card was stolen and you had notified the credit company of the theft, they should not be placing anything on another account of yours.
You should contact them, but don't speak to the first putz that answers the phone, ask for the supervisor or better yet, ask for the fraud department. Find out what is going on.
They should clear it up. "Be sure" to request that they send you, in writing, that they recognize the first account had been closed because of theft and also that you are not responsible for any charges to that card.
2006-09-05 11:24:26 · answer #1 · answered by echo 7 · 0⤊ 0⤋
Merchants have one year from date of purchase to charge a card.
Here what you could do now. Dispute the charge because the time limit has run out for the merchant to charge your card. Then request your card to be hot listed. This should prevent any more roll overs to your new account.
2006-09-06 14:34:53 · answer #2 · answered by webworm90 4 · 0⤊ 0⤋
If you closed the card with the issuer reported it stolen to bank and or issuer you only have to pay what you owed before the account was closed. You must notify any auto payments for bills of the change. Most cards require theft or loss of card to be reported in a timely manner.
2006-09-05 12:02:13 · answer #3 · answered by moonwalker 3 · 0⤊ 0⤋
In the UK there isn't a limit. Unlike cheques which have to be presented within 6 months.
2006-09-05 10:54:49 · answer #4 · answered by Philip W 7 · 0⤊ 0⤋
That's right
2016-08-08 14:21:23 · answer #5 · answered by ? 4 · 0⤊ 0⤋
Not sure if this page will help or not...this is for business to business transactions...
http://www.creditmanagementworld.com/legal/statutelimitations1.html
Statutes of limitations generally vary by state.
2006-09-07 09:18:03 · answer #6 · answered by Anonymous · 0⤊ 0⤋