Question

Jerry lost her credit card and instead of reporting it right away, she decides to continue looking for it for a couple of days. On the second day, she makes the call and reports the card lost/stolen to the credit card company. She then logs into the account activity page of her credit card and sees a recent $500 purchase that was made by someone else. How much of this $500 charge will Jerry have to pay? $300 $250 $50 $0 $500

Answer 1

$500 because she didn't report it stolen. You have to report your credit card missing immediately to not be liable for the charges