What are your liability limits?
If your credit card is lost or stolen--and then is used by someone without your permission--you do not have to pay more than $50 of those charges. This protection is provided by the federal Truth in Lending Act. You do not need to buy “credit card insurance” to cover amounts over $50.
If you discover that your card is lost or stolen, report it immediately to your credit card company. Call the toll-free number listed on your monthly statement. The company will cancel the card so that new purchases cannot be made with it. The company will also send you a new card.
Make a list of your account numbers and the companies’ phone numbers. Keep the list in a safe place. If your wallet or purse is lost or stolen, you’ll have all the numbers in one place. Take the list of phone numbers--not the account numbers--with you when you travel, just in case a card is lost or stolen.
Most Recent Credit Card Articles:
2011-01-15 Enjoy a High Credit, Low Interest Credit Card
Individuals with an excellent credit score tend to get the most attractive features available on low interest credit cards. These credit cards are usually the best choice for anyone seeking quick credit for an urgent situation. The benefits which come with these cards definitely put the user at an a... (more)
2011-01-01 In Search of Low Interest Credit Cards
Life in the fast lane! That is what our current lifestyle is as of now. People live in an era now where most things and any transactions are done almost instantly. With just one swipe of your credit card on the swiping machine; you are done with your purchase and there is no more need for you to sta... (more)
2010-12-10 Low Interest Credit Cards to Help You
Do you find yourself having to pay lots of interests because your payday is scheduled days after your monthly bills have been issued? Then this situation will not be helpful at all for you because in the long run, you end up with paying more than you normally have to and that will not be helpful at ... (more)
2010-12-06 Seeing Behind Low Interest Credit Card
How great does it feel to shop around carrying nothing but your shopping bags and a small purse or wallet that contains nothing but a few small changes of cash for minor purchases or perhaps a taxi fare and just your credit cards for purchasing? Your low interest credit cards are what you use for pu... (more)
2010-10-29 Credit Cards Gotchas: The Case of the Fine Prints
Credit cards are one of our great responsibilities in life. With credit history or not, they are always available. For instance, with too high interest rates, consumers get a burdened too much that they need to consolidate. How? They just need to do a balance transfer to a low interest credit car... (more)
