c. If Someone Uses Your Credit Card Without Your Permission
Unauthorized credit card use—when someone steals your credit card number or otherwise uses it
without your permission—is a growing problem, due in part to the huge volume of credit card business
transacted over the phone and Internet. Fortunately, federal law offers some protection if this happens to you.
Your liability for unauthorized use of your credit card is limited to $50. So, if someone steals your card and uses it, your credit card lender cannot require you to pay more than $50 of those charges.
It is very important to report unauthorized credit card use as soon as you know about it. If you call
before any charges are incurred, you are not liable for anything—not even $50. If there is an unauthorized
charege on your bill, you can dispute the charge the same way you dispute a billing error.
10. Debts You May Not Owe
This chapter focuses on handling debts that you do owe, not on ones you think you don’t owe. If you’ve been cheated by dishonest creditors or the product you bought was defective, there may be consumer laws that will help you eliminate the underlying debt. For more information on what to do with debts you dispute, see Money Troubles: Legal Strategies to Cope With Your Debts, by Robin Leonard and Deanne Loonin (Nolo).
Taken From : Credit Repair by Attorneys Robin Leonard and Deanne Loonin
