If it is a fraudulent card, as long as we have followed the process, either, you know, acquired a PIN or a signature, we typically would not get charged back for that. ... And the reason for that, our bank has a higher level of credit score and credit rating that you must pass to obtain credit. ... The consumer, you know, makes a statement that they did not make that charge. ... are not honoring the laws that require them to do reinvestigations and pay consumers when they are victims of fraud.
|Title||:||Credit Card Fair Fee Act of 2009|
|Author||:||United States. Congress. House. Committee on the Judiciary|