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About LinkBacksI came across a very disturbing article. It is about a woman that paid $10,000 to a fraudulent company and the credit card has refused to refund her charges. They mention this in the article
Whistleblower: Stiffed, and on the hook | StarTribune.comLazarus has learned the limits of challenging a questionable transaction. Unless you can prove that a thief is using your card or a merchant concocted or inflated a charge, the law doesn't require the bank to cancel a debt.
In other words that means we aren't really protected?!?!
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10:05 PM #1Centurion Member
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Is credit card fraud protection just an illusion?
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08:05 PM #2Centurion Member
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It sounds like there is more to it than the article suggest. The woman knowingly made the purchase. It sounds like a case of buyer's remorse rather than fraud to me.
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03:31 PM #3Centurion Member
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Fresh hit the nail on the head. When I make bad business or investment decisions and put the cost on my credit card I can't go blame Visa or American Express because I screwed up and that is what she is doing.
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11:11 AM #4Centurion Member
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Really! This woman just made a bad choice. There was no fraud that the credit card company should refund against.
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01:10 AM #5Centurion Member
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I think it falls under fraud since the company was breaking the law with what they were selling.
Originally Posted by DoingHomework
OBAMA
Stop talking crap about him and give him a chance!
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01:52 PM #6Centurion Member
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Perhaps. But the trouble is that the woman got what she ordered, she just didn't like it. It would be like if you bought something at a store, decided you didn't like it, then found out later the store did not have a business license. That does not necessarily mean that your purchase should be refunded.
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11:09 PM #7Centurion Member
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That might be the case but it sounds like to me they promised her one thing and gave her something else and that is fraud IMO. But yeah it might not be that clear and dry of an answer. Originally Posted by DoingHomework
OBAMA
Stop talking crap about him and give him a chance!
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