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

The Fair Credit Billing Act (FCBA) is the law that limits your liability for a lost or stolen credit card to $50 if you notify the card issuer within 30 days. The FCBA is a federal law that protects consumers from unfair billing practices and provides guidelines for resolving billing disputes. It also includes provisions that limit the liability of cardholders for unauthorized use of their credit cards. If you report the loss or theft of your credit card to the issuer within 30 days, your liability for unauthorized charges is limited 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.