Reporting Bogus Charges on Your Credit Card Bill
Ever found a bogus charge on your credit card statement, and haven’t lost the card? This could mean that someone else is using your credit card number without your consent.
This type of fraud can occur when someone gains access to your card number while you're using it at a restaurant, a store, or anywhere that your credit card info may be seen.
So if you every see any bogus charges on your credit card statement, be sure to call the credit card issuing company; in addition, contact the local authorities, especially if you suspect an individual of using your credit card number illegally.
Authorities may ask you to sign a statement under oath to indicate that you did not make any of the purchases in question before investigating, so make sure you understand which charges are not yours.
Ever found a bogus charge on your credit card statement, and haven’t lost the card? This could mean that someone else is using your credit card number without your consent.
This type of fraud can occur when someone gains access to your card number while you're using it at a restaurant, a store, or anywhere that your credit card info may be seen.
So if you every see any bogus charges on your credit card statement, be sure to call the credit card issuing company; in addition, contact the local authorities, especially if you suspect an individual of using your credit card number illegally.
Authorities may ask you to sign a statement under oath to indicate that you did not make any of the purchases in question before investigating, so make sure you understand which charges are not yours.
How to Report a Lost or Stolen Credit Card
When reporting a card lost/stolen, be sure to contact the issuer of the card credit initially, in order to suspend or delete the account in question.
Most credit card companies provide their customers with a toll free number, along with a 24hr customer service (fraud) team in order to deal with such emergencies.
In accordance with the law, once you report a lost/stolen card, you cannot be held responsible for repaying any fraudulent charges thereafter.
When reporting a card lost/stolen, be sure to contact the issuer of the card credit initially, in order to suspend or delete the account in question.
Most credit card companies provide their customers with a toll free number, along with a 24hr customer service (fraud) team in order to deal with such emergencies.
In accordance with the law, once you report a lost/stolen card, you cannot be held responsible for repaying any fraudulent charges thereafter.
The Federal Trade Commission (FTC)
In the United States, cardholders are able to report credit card fraud to the FTC as well as to regional and local law enforcement agencies. The FTC works to stop fraudulent/unethical business practices, while providing useful information in order to help consumers understand how to recognize, report, and protect themselves from such fraudulent behaviors.
Although, as a policy, the FTC does not typically investigate reports of fraud less than $2,000, these occurrences are usually left to local law enforcement personnel.
However, under extreme circumstances (type of fraud, amount, the location of the fraud), the FTC could step in.
Although, as a policy, the FTC does not typically investigate reports of fraud less than $2,000, these occurrences are usually left to local law enforcement personnel.
However, under extreme circumstances (type of fraud, amount, the location of the fraud), the FTC could step in.
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