"If they find out four weeks later there are unauthorized charges on the credit card, it never occurs to them to connect the two events."
By doing so, Federal law limits your liability to $50 of unauthorized charges.
I thought there was a law that limited my liability to $50 for unauthorized charges.
She said the law had changed and that now, people are liable for all unauthorized charges on their account.
By federal law, once you report the loss or theft of a card, you have no further responsibility for unauthorized charges.
Under law, consumers are generally responsible for only the first $50 of unauthorized charges on their credit cards.
The theft was quickly detected, and the card company covered the unauthorized charges.
These measures are intended to protect consumers from unauthorized charges on their phone bill.
Identity theft is not just an unauthorized charge on a credit card anymore.
In any case, they may not be charged more than $50 for unauthorized charges on each lost or stolen card.