CREDIT CARDS - just sharing a tip I picked up long ago from a lady who works on bank fraud.
Have one credit card that you use only for internet transactions - set a credit limit at what you need with a maximum you can afford to lose....limits your potential losses if (when) the card is used fraudulently.
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Feel free to reply to any comment by clicking the "Reply" button.good advice. have been following it for many years.
callmedubious
Level 8
Aug 2, 2019
0
But in the US you’re only liable for like $50 of stolen charges. That’s also why, if they try to sell you fraud insurance you definitely don’t want to pay for that.
A2Jennifer
Level 8
July 31, 2019
2
In England you have to show it was fraud to get the money back .... it is not always easy to show that a telephone transaction was done by someone else
Are your laws different than ours? We are not liable as consumers for any fraudulent use of credit cards...
thinktwice
Level 8
July 31, 2019
1
here in the uk you have to show it is fraud
Example - years ago I bought petrol near Oxford and continued to London .. the following day my credit card details were used on a hand written slip to buy furniture (£3500) in Oxford. I could prove I was in London at the time of the transaction but took 2 years to get cash back
@ShadowAmicus Are you speaking of a cash card/debit card? I left my card at Macy's and it was used to charge over $2000 of goods...my limit at the time was only $1500, but, since my credit was good, the person was given an instant upgrade! Lucky me...since credit cards are paid over time and not taken out instantly like a debit card, I simply did not pay and the amounts were reversed out. I merely had to provide a sample of my signature for them to compare...I never sign the back of the card...anyone can copy your signature then.
@NoPlanetB Yes...I have done that, but you are correct...many never check...and of course, online, there is no checking...my home owners insurance pays for fraud as well...criminals need to get a life...
@thinktwice it was a credit card - they copied the details, had a friend in the shop who put details into their machine and they shared the profits .... i only got money back after police prosecution and haggling
@ShadowAmicus how horrible!
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