Quicken not updating bank transactions
So long as you report the fraud within 30 days, you are not liable — the worst the card company can do to you is to cancel your card (but you still don’t have to pay for the charge you didn’t make.) In theory, you’re liable for up to , but almost no card issuers really charge this since it’s terrible customer service (“Sorry you were stolen from! The bank may get back to you in 60 to 90 days (during which you don’t have the money, even if it was the entire contents of your checking account.) You have to report the fraud on a paper letter, with a notarized signature, usually by certified mail.What’s more, you have to prove that the checks were authorized — the burden of proof is on you, not the bank or merchant — and you have to do it to each party from which you’re trying to reclaim money.This post all started because I did it in a live TV Segment (watch that HERE), and it went viral since then (it was even featured on Life Hacker)!
In fact, we were living paycheck-to-paycheck at the time and were in the red most months.
Plus when I launched our new site, it messed up the formatting (so sorry for anyone who has read it recently, it was a mess! Here is the newest version, perfect for our Focus on Finances month-long challenge. Most of us have two accounts – one saving, one checking.