Is a retailer responsible for fraudulent credit card charges?
I'm not sure about your particular case, but I know that unlike consumers, retailers are generally liable for check/credit card fraud. I know of a particular case where Home Depot took the loss for an unauthorized $3,000 credit charge for a generator purchased in person with a stolen credit card. There's more info for merchants on this website:
Would an ex-spouse be responsible for credit card debt even though his name was removed from the account and the charges were made after the divorce?
What financial liability do you have if a credit card account was opened in your name and closed after you informed the card issuer that fraudulent information was used to open the account?
If you did not use the credit line then you are not responsible for any debt incurred due to the fraudulent act. If you did use the account then you are considered a co-conspirator and are legally liable for any charges made and penalties, fees assessed. Such incidents can be deemed criminal and/or civil issues.
What should you do if someone you have never heard of sent long distance charges to your Verizon account and you believe it is a scam?
Contact Verizon and tell them you have noticed some unauthorized charges on your account. If they won't help you, first try to talk to a supervisor. If the supervisor won't help you, contact the credit-card company that you use to pay your Verizon bill and tell them about the fraudulent charges. Credit-card companies have numerous protections against fraudulent charges, so they should help you. Lastly, you may want to check your credit report (you can…
Jacob's claims in his record of achievements were fraudulent. The political commercial showed clearly fraudulent claims about the facts of the war. Martha's story as a witness proved to be fraudulent and fictional, because her story hid her activities in the crime. Judge Turpin had Benjamin Barker exiled to Australia on fraudulent charges. Claims of sexual harassment and especially child molestation can ruin a person's life forever, even if the charges are later proven to…
It should be safe on a secure site, but it is always best to use a credit card. If there are any fraudulent charges you can dispute them and get them reversed. With a debit card you are on your own, and once they have your information they can wipe out your checking account. I had $2500 in fraudulent credit card charges reversed in Jamaica a couple years ago. I would have been in big…
If fraudulent accounts were disputed and removed from your credit file should you sign an affidavit the credit card company sent you to investigate those accounts Can they go back on your credit file?
They could only reappear on your credit report if they are investigated and found to be yours. Sign the affidavit; so long as you've disputed and account and it's being investigated, it cannot be reported on your credit. The other benefit is that the investigation will likely prove the accoutns are not yours. * If the affidavit is not signed the credit issuer has no legal obligation to investigate the charges and the account holder…
Is it legal for a credit company to issue a credit card to a minor without an adult cosigning in Wisconsin?
Credit card users should check their monthly statements for fraudulent or suspicious charges. Credit users should obtain their credit reports once a year, for free, and review the reports for unknown / unrecognized transactions or applications for credit. All persons should protect their personally identifying information.
yes ------ NO. You should protect your credit cards as you would your cash. But it's not "considered money" for the obvious reason. If cash is lost or stolen, it cannot be replaced. A credit card, on the other hand, can be replaced. Even if stolen with fraudulent charges, there would be no financial lose on your part.
How do you respond to a request for payment from a bank when you are not a primary or co-signer to the account?
First and foremost, you are never responsible for charges made to a credit card without your knowledge. You should request a copy of the statement(s) in question to be sent to your attention. Upon review, if the charges are fraudulent, advise the bank and they will put them into a dispute file. You will likely need to complete some paperwork and the merchants will have to pull receipts with signatures authorizing the charges. During this…
A credit card company act as a 'liaison' between the customer and the business. The customer presents their credit card to the retailer - and the card company pays the retailer for the goods the customer has purchased. The card company charges the customer interest each month on the outstanding balance - in payment for the convenience of being able to make (often expensive) purchases, without having to h=cary large amount of cash.
Typically 2-3% for mastercard and visa. I believe American Express is more. Texas Parks and Wildlife charges 2.25% extra to renew your boat registration online. I think that is to make up the credit card charge backs. ( on a $53 fee). I think creditors also have a minimum charge so that on small purchases ( < $1-4?) the retailer looses money when you use a credit card.
Identity theft can have a seriously negative impact on your credit. When thieves steal your identity, they are likely to try to open a new line of credit in your name. If they succeed, they can make purchases with that card, and you will be responsible for the charges. Even if you dispute the charges, the unpaid bills will be reflected in your credit report. Unfortunately, cleaning up a credit report after an incident of…
Nothing,there is no procedure for an individual to file fraudulent use charges, unless they pertain to one's personal finances. If the credit cards indeed belong to the individual,they are not committing a crime by stating they have no intention of paying. The card issuers can, however, pursue criminal charges once the debt(s) have been defaulted upon if the circumstances warrant.
Can you be responsible for the primary user credit card charges even when you were removed from being an authorized user?
If your husband has credit card debt but dasn't have any savings accounts would you be responsible for them if he died?
Is an authorized user responsible for payments on Bank of America credit card even though they never used the card or had that card activated?
Authorized users are not responsible for repaying cc charges. Unless they are a spouse of the account holder and live in a community property state. I work at a credit card company and an authorized user is just someone who is able to make charges on the account. The primary cardholderand/or the joint cardholder would be the one responsible for the bill. The payment history may be reported to your credit bureau though. That does…
How much would it raise your credit scores if you were added as an authorized user on a credit card?
If you are an authorized user of another persons credit it has no effect on your credit at all. It will not raise nor lower your score. The credit card company simple issues you a card with your name on it and then holds the person who holds the credit with them responsible for any charges you make.
Can a credit card company bill a consumer for unauthorized charges if the credit card was improperly issued by the credit card company and the card was not activated and was stolen from the home?
If you sue someone for charges they make on your credit card do they have to pay you or the company?
No - a debit card and a credit card are two entirely different methods of payment. With a credit card, any purchases are immediately paid for by the card issuer to the retailer (assuming you're within your credit limit) - and the issuer charges you monthly interest on the outstanding balance until the account is paid off. With a debit card, you can only make purchases if you already have the money in your account.