Posts Tagged ‘zero’
IN THE HEADLINES: My Big Fat Zero Liability
Posted by: Neal OFarrell in: ● February 3, 2011
I’m sure you’re probably familiar with the notion of “zero liability” – that vague promise by your bank, credit union, or credit card company to not hold you liable for any fraudulent charges on your account. At least, not more than the first $50, and even this is usually waived. Zero liability was driven simply [...]
IN THE HEADLINES: Why You Can’t Always Depend on Zero Liability
Posted by: Neal OFarrell in: ● July 29, 2010
Zero liability. It even sounds good. And it’s supposed to. It was coined by the financial industry and driven by federal laws to ensure that victims of identity theft and fraud would not be liable for unauthorized charges or withdrawals on their accounts. In most cases, your liability for the actions of thieves, even if [...]
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