Credit Card Fraud!

Sorry for the misleading (or perhaps enticing?) title. This post is not about how to commit credit card fraud.

I know there are some people at the Clipper house, and general readers of this blog who fear credit card fraud and stolen card information. There are even those who religiously check their financial accounts daily (ok, maybe only I do that). But did you know those Fat Cat, Big-Government Bureaucrats in Washington actually do some good occasionally? Basically, the gist is this: You can only be liable for up to $50 in charges on a stolen credit card, regardless of situation, or when you report it!

http://www.ftc.gov/bcp/conline/pubs/credit/atmcard.shtm

Here is an interesting story via The Consumerist about the fucked up shit Credit Card companies will try and get away with if you let them.