"Unauthorized charges" refers to any purchases or payments made without the permission or consent of the person or account holder.
Full definition
Among your protections as an American consumer: You are only responsible for $ 50
of unauthorized charges on your credit card, as long as they are reported in 60 days.
The card comes with assurances relating to fraud and theft with $ 0 liability on
unauthorized charges as well as theft protection.
Otherwise, you must report
unauthorized charges within two days of learning that your card is lost or stolen to limit your liability to $ 50.
Again, tell the card issuer the date your card was lost or stolen, or when you first
noticed unauthorized charges, and when you first reported the problem to them.
That means for a very reasonable price of thirty dollars or less, you might prevent thousands of
unauthorized charges under your name this holiday season!
No matter which method you choose, rest assured we will take all reasonable precautions to avoid
posting unauthorized charges to your credit card or making unauthorized drafts on your bank account.
You may also check to see if any additional credit accounts have been opened without your consent or
whether unauthorized charges were billed to your accounts.
But if your credit card is stolen, the company will protect you
from unauthorized charges and may be able to get a new card to you quickly.
Generally, this means that if you
report unauthorized charges to the issuers in a timely manner, you're not liable for any unauthorized use of your card.
Generally, if you contact a creditor about a fraudulent or
unauthorized charge within a certain amount of time, the lender will protect you against the obligation.
By law, you have no further liability once you report the card stolen, regardless of the number or amount
of unauthorized charges.
The more your mobile phone bill begins to resemble a credit card bill, the more difficult it may become to
spot unauthorized charges.
You can take comfort in knowing that if someone is making
unauthorized charges on your account, it will be stopped and you will be notified.
In April, the Federal Trade Commission (FTC) filed its first mobile cramming case against a company that allegedly took in millions of dollars from
adding unauthorized charges to consumer's cell phone bills.
Collection agencies have been known to
put unauthorized charges on your debit or credit card and also put through ACH withdrawals from your checking account.
Informed mid-December by its credit card processor of
potentially unauthorized charges, a forensic firm discovered on Jan. 1 that the retailer had indeed been hacked, the company told computer security and cybercrime blog Krebs on Security.
If you use your credit card to pay for purchases, Bill Guard is designed to help you
track unauthorized charges to your credit card.
If the
same unauthorized charges happened on a credit card, then they would simply trigger an alert that would flag their account.
The Federal Trade Commission (FTC) reminds consumers that the cardholder is responsible for
unauthorized charges up to $ 50.
Be alerted
when unauthorized charges are made on your account and gain peace of mind with $ 0 fraud liability if your card is lost or stolen.
Phrases with «unauthorized charges»