You reach into your purse or wallet for your credit card and it's not there. Your heart sinks. Now what are you supposed to do? Fortunately, federal law and card issuer zero liability benefits can ...
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Credit card lost, and someone used it; who will cover the lost money - you or the bank?
Picture this: you lost your credit card, and a transaction (which you didn’t initiate) takes place. Will you still be liable to pay that amount even if you have reported the card to be lost/stolen?
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