Credit Q&A

Q:Someone stole my credit card number and has been making purchases...help? Someone has made multiple purchases by fraudulently using my card number. In the past 24 hours, there has been over $900 in charges. Today, the credit card company told me they are closing the account and sending a new credit card in a few days.What's going to happen? Will I be charged for the items that I didn't buy?

A:Most credit card companies carry either $0 or $50 fraud liability limits. That means depending upon your specific credit card, the most you will have to pay for the fraudulent charges is $50. Most likely you will not have to pay anything.

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posted by mw | 8/18/2009 | permalink |


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