Credit Card Account-Takeover Fraud
If you only have to deal with credit account-takeover fraud, which could happen if your credit-card information or the physical card itself was stolen—relax. It is the easiest situation to face because the FCBA gives you some powerful tools to correct the problem. (Note that this only covers credit card account-takeover, not debit card account-takeover, which I discuss in Chapter 7.)
Take the following steps:
1. Immediately review your credit-card bills as soon as they arrive by mail or online, but, at the very latest, within 30 days of receiving your credit-card bill. When you first see a fraudulent charge, contact the credit-card company by phone to alert them to any questionable charges on your bill. At ...