Hi! I saw a thread on this topic but I couldn't find it again to add my question.
Is there ever a time a creditor can deny a cardholder's claim for unauthorized use?
If I am reading the reg correctly, if the card was accepted, we provided the liability limits disclosure, and we can identify the cardholder - we can assign liability - but is that $50 or is it liability for the full transaction amount because we have now identified the cardholder as making the transaction (thus it is not unauthorized). 1026.12(b)
It's late and I may be confusing myself, but I don't see where we can ever deny a claim for unauthorized use except as I have described above and that isn't really denying the claim, it's determining the amount of liability. Help!