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If your credit card was used fraudulently and you refuse to have the person prosecuted can the credit card company be held responsible at all?
Wiki User
∙ 8y ago
How can the credit card issuer be held responsible for the criminal actions of someone else? Or for your failure to "have the person prosecuted"? If this is indeed the situation, then the credit card company is the victim of a crime. Victims are never responsible for what happen to them. If you know who committed the crime, you may be enabling the criminal to (not only) commit the crime, but also avoid taking responsibility for it. This is never a good thing.
None of us can avoid the consequences of our actions. Should you continue to shield this person from the consequences of their actions, know that the scales of justice HAVE to balance out sooner or later. People who "get away" with criminal activies usually end up paying a lot more than if they had confessed and taken whatever consequences came after the intital crime. You cannot change the immutable laws of the universal. No one can...
- geez, I sound preachy. I apologize for that. But it's true and hopefully, at least hearing it will help you. Sounds like you have a lot to face in the future.*
Wiki User
∙ 8y ago
The credit card company may offer you some protections under their fraud policy, but ultimately the responsibility for the fraudulent charges lies with the cardholder. If you decline to prosecute, the credit card company may still investigate the situation and take appropriate action to resolve the issue and prevent future fraud. However, they are not legally obligated to reimburse you for the fraudulent charges if you choose not to press charges.
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Is stealing a credit card a crime or a tort?
Stealing a credit card is considered a crime because it involves unlawfully taking someone else's property with the intent to use it fraudulently. It is a criminal offense that can result in legal consequences, such as criminal charges and potential imprisonment.
What does holl crd mean on your credit report?
"Holl crd" is likely an abbreviation for "Hollywood Credit," which is a type of credit account associated with an entertainment industry organization or company. It represents a line of credit extended to you by a business in the entertainment sector and should be listed on your credit report along with other credit accounts.
Was anyone caught for using someone else credit card?
Yes, individuals have been caught and prosecuted for using someone else's credit card without permission. This activity is considered credit card fraud and is a criminal offense punishable by law. It is important to always obtain proper authorization before using someone else's credit card to avoid legal consequences.
What is credit investigator means?
A credit investigator is a professional who assesses an individual's or company's creditworthiness by obtaining and evaluating their financial history, identifying any potential risks or discrepancies, and providing reports to assist lenders in making informed decisions about extending credit. They may work for credit bureaus, financial institutions, or as independent consultants.
Is it criminal case or civil case if you are not paying you credit card?
Not paying your credit card is typically considered a civil matter. The credit card company may take you to civil court to recover the debt through a lawsuit or collections agency, rather than pursuing criminal charges.
Are you responsible for a debt incurred by your ex-husband on a credit card in your name in Ohio?
The person who is the account holder is responsible for the debt unless it can be proven the debt was fraudulently incurred.
When a vehicle is purchased on credit for a husbands company by his wife and the husband does not make the payments who's responsible?
The wife is responsible as she was the one who signed the credit contract.
Will your credit score affect your child credit score?
No, not unless you fraudulently use your child's identity in obtaining credit in their name.
Who is responsible for a deceased person credit card?
Bank's Insurance company
Who is responsible for company credit card after the company declares bankruptsy?
The company. The liability is one of the many the BK will resolve. Of course, if there was a cosigner or such on the credit line, they are involved too.
Can you get in trouble for using someone else's credit card with their permission?
No. People often allow others to use their card(s). Problems sometime arise if there's a question as to who should pay the charge(s). As far as the credit card company is concerned, only the card holder is responsible for charges made on the account. Unless the card has been used fraudulently.
Can you be prosecuted in the Indonesia for a credit card debt in Dubai?
No
Can a credit card company reopen an investigation on a fraudulent account if it was charged off and then was disputed and now has been deleted from your credit file?
If they have reason to believe the account was reported or disputed fraudulently or that new information has been discovered, they can investigate further.
What are foundations of credit?
The National Foundation if Credit is responsible for helping consumers that seek credit counseling. The NCCC was established in 1951 and has 105 agencies throughout its company.
What responsibilities do credit card companies have to ensure you dont get to much credit from one company?
None. The CC Company can continue to increase your credit amount based on the info they have. You have to be responsible enough to keep your debt managable.
I am in Oregon my Dad has died I am 23 and do not know what to do about his credit card debt Am I responsible I am in Oregon.?
AnswerNo, you need to send a copy of the death certificate to the credit card company. You are not responsible for your father's debt.
Can you send credit from someone to someone else?
No, you can not give credit that you have to someone else. You can loan someone money or your credit card, but you are still responsible for paying the credit card company back.
