If your credit card is stolen...

Discussion in 'Credit Talk' started by mosdef, Dec 15, 2001.

  1. mosdef

    mosdef Well-Known Member

    ... and you don't report this to the credit company right away, or at least within a reasonable period of time (48 hours?), will the credit card company refund any purchases made by someone who stole your card? Will they refund but charge you a fee, like a deductable? Or will they refund everything? This didn't happen to me I'm just trying to settle a bet. I'm saying they won't refund everything without at least some fee, he says you will get everything back.
     
  2. rubyjean

    rubyjean Well-Known Member

    If your Card is stolen and is reported to the Credit Card Company, the procedure is that they will immediately shut your Credit Card and reissue another card with different acct Numbers.. Any charges, ect that were put on your account by the person or persons responsible for this.. whether it is 100.00 or 10000.00.. you will not be required to pay one penny...
     

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