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I have heard that if I find unauthorized charges on my credit card statement, I am only responsible for paying $50 per card. Is this true?

In Credit Cards - Asked by Admin - 4 months ago

Yes. The Truth in Lending Act limits your liability for unauthorized credit card charges to $50 per card.

Answered by Admin - 4 months ago


Tags: credit cards, credit card, i have heard that if i find unauthorized charges on my credit card statement, i am only responsible for paying $50 per card. is this true?

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Everyone has credit cards and everyone who has one... has questions about them. If you need answers about types of credit cards, interest rates or just general information about credit cards we have the answers. Our site answers hundreds of questions about credit cards and i have heard that if i find unauthorized charges on my credit card statement, i am only responsible for paying $50 per card. is this true? on a daily basis.



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