New York N. Carolina N. Dakota Ohio Oklahoma Oregon Penn. The Pitch A telemarketer calls and says you could end up paying thousands of dollars if someone steals your credit card. In order to protect yourself, you need to sign up for credit card insurance. The protective law remains intact. There s no need for insurance for credit card theft or loss.
Many companies even waive that fee.
This law also protects you from paying for products or services you returned or never received, but for which you didn t get a refund as promised. It covers billing mistakes, too. Remember, though, that any unauthorized charges or problems must be reported within 60 days after the incorrect bill was mailed to you. To get the charges removed, you should call the credit card company and follow up with a letter and a copy of the bill. And be sure to keep copies of everything for your own records.