DENNIS MIN
Member
All,
I am a first-hand know-it-all from the wrong end of the whipping stick....tongue-in-cheek.
As far as I know...
If a credit card (not prepaid) jas been hijacked, stolen, etc, the company is on the hook for improper purchases if you notify in accordance with their rules.
However, a debit card is outta your checking account and you gotta fight to prove you did not purchase the item. In simple terms, you're out the money til you prove otherwise.
I think that credit card companies do not want this tidbit to be released.
D.
tin-foil-helmet on
I am a first-hand know-it-all from the wrong end of the whipping stick....tongue-in-cheek.
As far as I know...
If a credit card (not prepaid) jas been hijacked, stolen, etc, the company is on the hook for improper purchases if you notify in accordance with their rules.
However, a debit card is outta your checking account and you gotta fight to prove you did not purchase the item. In simple terms, you're out the money til you prove otherwise.
I think that credit card companies do not want this tidbit to be released.
D.
tin-foil-helmet on