i lst my credit card called up the bank to stop/block my card but it took them a while to respond to it and in the interim someone took asale on my credit card, bank is asking me to pay for this? whereas the signatures do not tally and merchant has split the transactions as well it seems merchant is also involved in this and bank is sheilding him. I dont want to pay. what are the consequences and what is my liability if i dont pay?
Is it a credit card or a debit card? If it’s a credit card, you contest it. They can’t go after you while you’re contesting it, so you don’t have to pay it. However, you’ll get overcharge fees if you charge past your limit, and this is included.
Technically, they don’t charge you more than $50 for it, but you will have to submit a statement in writing about what happened. I had to get it notarized, which cost $10. It took about 2-3 months to settle, but I didn’t end up paying anything, and they took the interest charges off, too.
Keep pursuing this and complaining, put everything in writing, and do what they tell you to do. You probably have to file a police report, too. If you call, get names and keep a log of all conversations. Ask to speak to a supervisor if they give you trouble. But it is best to put it in writing.