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0 pointsjp55511y ago0 comments

You are correct, Credit Card users are not liable for legitimate fraud. About half of the credit card fees charged to merchants is to cover fraud.

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2 comments · 1 top-level

mcv11y ago· 1 in thread

When is fraud "legitimate"? Legitimate fraud sounds a lot like a contradiction.

loumf11y ago

"legitimate" as in "actual fraud", as opposed to "fraudulent fraud" (e.g. reporting your card stolen after a big purchase and then claiming the charge was not yours)

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