Zero Liability Policy

In the event that a credit card is stolen or otherwise used fraudulently, many companies issuing credit cards have adopted the zero liability policy. It states that the customer is not held responsible for any fraudulent charges that may have been incurred before the theft was noticed.

This policy exceeds the federal law that allows for no more than $50 being covered by the customer. This policy is in response to the growth in identity theft and fraud.

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