Stolen Credit Card: 1) If the card issuer sues Lori, who might the court rule in favor of and why?; 2) Does the Federal Trade Commission (FTC)

Stolen Credit Card: 1) If the card issuer sues Lori, who might the court rule in favor of and why?; 2) Does the Federal Trade Commission (FTC) offer any protection to Lori?; 3) What ethical issues are raised by the card issuer's conduct?; and 4) What can you do to protect yourself from something like this happening to you?
The card issuer claimed that Lori was fully responsible for the purchases, while Lori claimed that she should have no liability whatsoever for the purchases. Research government agencies that provide consumer credit protection or that regulate credit card companies, using Argosy University online library resources, and the internet

Answer

Thank you for contacting the Argosy University Library.

Here are some resources that may assist you in answering your questions.

The Federal Trade Commission has a consumer information section focusing on lost or stolen ATM or debit cards. The link to this section is: https://www.consumer.ftc.gov/articles/0213-lost-or-stolen-credit-atm-and-debit-cards.

There are also additional resources such as the Consumer Financial Protection Bureau or HelpWithMyBank.gov that may be useful. 

If you have any additional questions, please let us know.

Best,

Argosy University Library

  • Last Updated Jul 26, 2017
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