Lost | credit card fraud protection

December 4, 2011

Is there a chance I lost my $850 even I have PayPal buyer protection?

Filed under: Credit Card Fraud Protection — Tags: $850, buyer, chance, even, Lost, Paypal, Protection, there — @ 12:22 am

Question by arg33554: Is there a chance I lost my still I have PayPal buyer protection?
I bought a Dell notebook on EBay auction. The Buy it Now price is $ 850 which I paid immediately. It is a 2009 model but the seller said he got 10 such discontinued notebooks so he sold them cheap on EBay. All ten notebooks were sold immediately. I was happy I got one because it is worth $ 1000 to $ 1400 on other auctions. The following day I found three other buyers gave the seller negative feedbacks and the seller no longer registered with EBay. But EBayer/Paypal has already charged me $ 850 which was transferred from my PayPal Plus Credit Card issued by EBay. I immediately went to PayPal resolution center and opened a complaint case. The seller filed an UPS tracking number which said a shipping label is generated and ready to ship. The status hasn’t changed for nine days now. The status stayed the same (ready to ship). Since PayPal has transferred $ 850 from my account to the seller’s account then seller closed his account immediately after he received the $ 850, is there any chance I lost money even PayPal Protection should protect me from such a fraud? Anyone knows the matter and the law? Thanks.The seller has 100% good feedback from 22 buyers buying refurbished electronics items from him. He answered my questions promptly and seemed to be a nice person. Who knows the next day he closed the account after receiving about $ 8500.

Best answer:

Answer by Kittysue
File a dispute with Ebay/Paypal ASAP. It doesn’t matter if they label says ready to ship. If they seller does not have proof it was delivered to your home, Paypal will refund your money. It doesn’t matter if the seller closed their account – when they created the account it was attached to either a credit card or bank account that Paypal can get they money from

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July 24, 2011

How could someone clone or “skim” my credit card if i never lost sight of it?

Filed under: Credit Card Fraud Protection — Tags: card, clone, could, credit, Lost, never, sight, skim, someone — @ 2:26 am

Question by ḂṘḬḀṄṄḀ: How could someone clone or “skim” my credit card if i never lost sight of it?
i am very cautious of where my credit card goes, and the last place i used it in was a store where i had a new car stereo installed in my SUV. I never lost sight of it. Next thing i knew (8 hours later or so), i was informed of a failed transaction for $ 18,000. Failed because i do have that system that informs me of every transaction with my credit card, and i do have to authorize if it’s over $ 500. I also had fraud protection, but i would like to know if you have an idea as of how these “skimmers” work.Thanks.

Best answer:

Answer by bostonianinmo
It’s usually a piece of hardware physically piggybacked on the card reader. You see a single swipe when in fact it’s swiped twice — once for the legit transaction and a second time for the scammer. It can be on a POS scanner in a store or installed on the card reader on an ATM machine.

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January 2, 2011

my boyfriends charges me with credit card fraud what should i do?

Filed under: Law Enforcement & Police — Tags: Boyfriends, Credit Card Fraud, Credit Fraud, Lost, Period Of Time — @ 4:39 am

stephstanie asked:

I have been using his credit for a long period of time with his pernission to buy stuff, i came here one year ago , i left my stepmom house . he decided to do everything for me . i even used his credit card and sign up my name under it ,sometimes i put his name ,recently i paid my tuition online with his card . what happened the school gave a copy me of a paper that he signed saying that he lost his card ,and i used it without his permission. he did that because i broke up with him after that.tell me what should i do. i don’t receive any from the card compagny yet.

Douglas

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August 27, 2010

Does a lost driver’s license have anything to do with credit card fraud?

Filed under: Credit — Tags: Asap, Credit Card Fraud, Credit Fraud, Driver License, Driver S License, Lost, Wallet — @ 4:26 am

sunsetparadise asked:

I lost my driver’s license a little while back and learned today that someone’s been using my credit card(I never lost my credit card, I still have it in my wallet) in another faraway state. My question is, can my lost driver’s license be related to this credit card incident? I am planning on replacing my license ASAP, but I need all the info I can get on this matter. I’m so stressed out, please help!

Gary

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April 2, 2010

Credit Card Protection and Theft

Filed under: Credit — Tags: American Express, Bank Of America, Chase Bank, Credit Card Companies, Credit Card Protection, Credit Cards, Exceptions, Fraud Protection, Insurance, Lost, Phantom Charges, Reliable Company, Visa And Mastercard, Visa Mastercard, Zero Liability Luxury — @ 11:34 pm

Richard Gilliland asked:

Majority says that if your credit card is stolen, chances are it will cost you nothing. This is because federal law limits your liability to fifty bucks.

Most card companies tell you that it could cost up to $50, but this fee is rarely applied.

The great thing is most credit card companies offer some sort of fraud protection, but make sure you verify it’s genuine before you accept it. Some companies make false offers of “insurance” when in fact generally you are already protected by federal law.

Stolen or lost credit cards should be reported in no less than 24 hours, for the zero liability luxury. Once again most major credit card companies rarely enforce this requirement either. But regardless you should always get on the phone the second you feel your card was stolen or lost, or you feel there are charges that you never ran up.

Follow the call with a written and signed letter stating the phantom charges that occurred, also include the details of whom you spoke with etc. Its better to be safe than sorry when dealing with theft.

Make sure when receiving your credit card you read all the fine print in detail, because there are always exceptions. Most companies that offer protection are likely to reject you if you have done something reckless with the card, for instance not reporting the card after a while when you “thought” it was lost or stolen.

In essence when you apply for a credit card find a trustworthy bank. Like american express, chase, bank of america, or any visa and mastercard. This way you know that you have a understanding reliable company to back you up when theft occurs.

Joyce

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