Life lesson - In case you're not aware
I'll relate my recent experience for those of you that are unaware of some "new" policy with credit cards. We made a recent trip from our home in the Dallas area to Carlsbad N.M. These transaction...
Forum Discussion
Tinstar wrote:bshpilot wrote:
the only reason the bank (or cc company) is calling is out of concern for themselves.
the card holder is not liable for charges they didn't create.
To me it's not just who is liable. I am always concerned if someone steals my credit card info and makes purchases under my name? Anything that concerns my credit card company concerns me too. I figure it's a partnership and they are not only looking out for themselves but for me too.
I know what a hassle it is to try and reestablish my identity and restore my credit because if it's stolen, my credit will suffer, at least in the short run. Sometimes it takes a couple of years to accomplish it too. I'd rather not have that hassle.
Your credit would not be affected. Your issuer will credit the bogus charges immediately or you can lodge a complaint directly with Visa or MasterCard.
This thread is not about identity theft...it is about your card issuer denying authorizations when you, the cardholder are attempting to make a purchase because you are on the road.
Prior to my retirement, business travel took me to Europe and Asia. Never had to notify my issuer(s)...all was well.
After the breaches at the big retailers, had my diesel fuel purchase denied in South Carolina...not acceptable IMHO.
