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> Federal law caps credit card liability at $50. I thought that was for debit cards? Or does it apply to both?
by colejohnson66 9y ago
> Federal law caps credit card liability at $50.
I thought that was for debit cards? Or does it apply to both?
- supertrope 9y agohttps://www.consumer.ftc.gov/articles/0213-lost-or-stolen-credit-atm-and-debit-cards https://www.consumer.ftc.gov/articles/0213-lost-or-stolen-cr... There are also state laws that may go further in consumer protection. The card network may also have additional protections. Finally as I've mentioned the issuer often waives all fraud loss liability.