stolen debit card charges

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kolabear
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Subject: stolen debit card charges

Mon Aug 31, 2009 1:04 pm

Hello,

How will charges on my stolen debit card affect my credit score? The bank called me to inform me of unorthodox transactions on the card and then told me that they would refund the money. How will this affect other parts of my personal financial history?

James Orr

Joined: 07 Jun 2009
JamesOrr's page
Posts: 54
Location: Maharashtra

298 Magic Points

Tue Sep 01, 2009 10:19 am

Hello,Debit card losing & missusing will not effect your credit score,If you using your own money to draft used amount from deposite account & if you deed not pay them it will harm to your credit history. You said that they told you about refund your money, I think banks never say that, you will be resposible for transaction by your card. I can't understand that, Why they refunding you unorthodox transactions amount ? I can't say preferly if bank refunds this amount to you it will effects on your credit history.Waiting for other reply.

Thanks & Regards.
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