If your ATM or debit card is stolen and used,you will be liable for no more than $50 in charges if you report the theft within how many business days?

Question

Quizplus · Accepted Answer

According to Federal Law, if you report the theft of your ATM or debit card within 2 business days, your liability for any unauthorized charges is limited to $50. If you wait longer than 2 business days, but report the theft within 60 calendar days, you could be liable for up to $500 in unauthorized charges. If you wait longer than 60 calendar days to report the theft, you could be liable for all the unauthorized charges.

If Your ATM or Debit Card Is Stolen and Used,you