2007-04-26 04:18:04 · 4 answers · asked by celestino gardelio p 1 in Business & Finance ➔ Credit
read your credit card terms, you may be liable for only a minimum amount unless you reported it lost or stolen before it was used illegally.
2007-04-26 04:22:33 · answer #1 · answered by Beatle fanatic 7 · 0⤊ 0⤋
If you report your credit card missing before it is used without authorization, you may not be responsible for any of the unauthorized charges. Pursuant to federal law, if your credit card is used without authorization before you report it missing, the most you will be liable to pay is fifty dollars.
2007-04-26 12:43:29 · answer #2 · answered by aleish 2 · 0⤊ 0⤋
no....but hopefully you contacted the credit card company and explained the situation. when fraud is involved they send out some papers and you need to fill them out, and swear the debt was not incured by you.
2007-04-26 11:21:31 · answer #3 · answered by Anonymous · 0⤊ 0⤋
No. Under Federal law your liability is limited to $50.00.
But you must notify the credit card company A.S.A.P.
2007-04-26 11:24:51 · answer #4 · answered by ? 7 · 0⤊ 0⤋