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Business

Credit card stolen and money spent: Will the bank refund the loss, or will you have to pay the bill?

LiveMint - Money ·
Credit card stolen and money spent: Will the bank refund the loss, or will you have to pay the bill?

A stolen credit card can quickly turn into a financial nightmare.

Whether the bank refunds fraudulent spending or the customer bears the loss depends on how the fraud occurred and crucially how quickly it was reported.

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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.livemint.com — the content belongs to LiveMint - Money.

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