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Re: [at-l] Re: Traveler's checks, etc.
Perhaps not an issues for thruhikers, but if you have a corporate credit
card, better read the fine print. At least one common card doesn't extend
the $50 limit to the corporate card and unless your company agrees to cover
any extraneous charges from a stolen card, you could be liable for the whole
thing.
Mara
Stitches, GAME99
>From: Jennifer Sawyer <jdsawyer@bu.edu>
>Date: Tue, 8 Feb 2000 12:59:25 -0500 (EST)
>
>
>A lawyerly word on the Debit/ATM card v. credit card debate:
>
> If your credit card gets stolen and used by the theif, you are
>only responsible for the first $50 that the theif charges (and many
>companies won't even hold you to that). If the credit card company wants
>to fight you on it, THEY have to prove that YOU were negligent in losing
>it/letting the theif get his grubby hands on it (most card companies
>won't bother)
>
> If your DEBIT card/ATM card is stolen and used by a theif, YOU are
>responsible for the whole chebang. There is no $50 limit to your
>liability.
>
>(Personally, I'll take my chances b/c the Debit/ATM card is just so damned
>easy to use. But, thought I'd throw my 2 cents in here...)
>
>Pooh
>
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