Have you ever had your credit card stolen? I have.
And it was no big deal.
Here’s the story: a couple of years ago, I was moving to a new apartment. During the move, my credit card disappeared. I thought it was just packed away in some box, and that I would eventually find it. Until I got the bill. There were a bunch of unauthorized charges. I called the credit card company immediately. And by immediately I mean that the minute I opened my bill, saw my statement, and realized what happened, I called my credit card company.
Once I got a human from the fraud department (the hardest task of the whole scenario) and explained the situation to him, he let me know what I had to do. The card I used had zero-liability fraud protection, so I wasn’t on the hook for any charges. I just had to file a police report and they would take care fo the rest.
I called the dispatch of my local police precinct and they sent an officer to my house to take my statement. I filed the report with him in about ten minutes, and got the report number for the credit card company. I called the credit card company back and let them know what was going on.
A few days later I received a form in the mail from the credit card company. One page long, it took me just a few minutes to fill out, copy for my records, and send back. It was a summary of my claim. In a few days I received confirmation that the charges were reversed and that was that.
So, the next time your credit card is stolen (heaven forbid), don’t get all anxious. There’s a process at every credit card company, and the damage is usually reversible.