credit card fraud protection

August 20, 2010

If I decide not to prosecute someone for credit card fraud will my credit be ruined?

Sweetie asked:


Two people used my credit cards without my consent. I filed a police report and they were arrested and jailed for 7 weeks. Their hearing is on Jan. 14 and I want to drop the charges even though they already confessed to everything. I was told that as long as I filed a police report I was OK. If I drop the charges now will my credit be ruined or is it still fraud?

Tara

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