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[pct-l] Re: debit card?
for those who care, most states have a law that states that card
holders can not be liable for more than a certain amount ($50 in
Texas) as long as you:
a) prove that the charges were fraudulent and without your knowledge.
or
b) report the card lost or stolen within 24 hrs.
>
> Dave writes >> This is such BULL! I read the cardholder agreement
before I
> got a debit
> card and double-checked that I would not have liability for
unauthorized use
> of my card. <<
>
> Gee, I don't know Dave, but I really believe it's possible to get
your point
> across without being insulting.
>
> The rules may have changed since the early days of Debit Cards. If
so,
> that's fine. It seems that Ken and Paul's recent research indicates
that to
> be true. I'll stand corrected.
>
> When I first got my debit card from my bank, years ago, that was
the warning
> I received. I don't use it much and never take it on a long trip. I
frankly
> don't care too much for credit cards anyway.
>
> Still it makes sense to be sure before gallivanting out into the
woods for a
> few months.
>
> -Fallingwater
>
>
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>
> <br>
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