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9. Which Law Limits Your Liability for a Lost or Stolen Credit Card to 50 If You Notify the Card Issuer Within 30 Days?: Fair Debt

Problemas

9. Which law limits your liability for a lost or stolen credit card to 50 if you notify the card issuer within 30 days?: Fair Debt Collection Practices Act Fair Credit Billing Act Credit Card Act

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Adrián maestro · Tutor durante 5 años
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Respuesta

The Fair Credit Billing Act (FCBA) is the law that limits your liability for a lost or stolen credit card to 50. If you report it after 30 days, your liability can increase to $500. It is important to report the loss or theft of your credit card as soon as possible to minimize your liability for unauthorized charges.