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What is Credit Card Liability and Contract Stipulations about?

1. Ermitano v. CA involved a credit cardholder, Manuelita Ermitano, who notified her credit card company, BPI Express Card Corp., after her credit card was stolen. However, she was still charged for unauthorized purchases made after notifying the company. The court held that prompt notification by the cardholder to the company should relieve them of liability for unauthorized charges. 2. The court found problematic a contract term still requiring cardholders to wait for member establishments to be notifie

Author

RossRaider

Language

EN