Up to $500 for issues within the first 60 days and full liability for charges and transfers after 60 days More than 60 days after a statement that would have indicated an unauthorized charge Up to 60 days after a statement that would have indicated an unauthorized charge Within two days of learning it was missing Your card or another access device for your account was lost or stolen Here’s how the EFTA breaks down consumer liability for charges. According to the EFTA, how much you can be held liable for under law depends on how long it takes you to notify your bank or other financial institution about the issue. If someone uses your debit card and makes unauthorized charges, you could be on the hook for those amounts depending on your state, your bank and when you act. If your debit card is stolen, how much are you liable for and what should you do about it? Find out more below. This act, along with the Electronic Fund Transfer Act (EFTA), also provides some procedures to help you if your debit card is ever stolen. The Fair Credit Billing Act (FCBA), for example, holds creditors to truthful and fair billing practices. A number of federal and state laws protect you when it comes to payments and billing. A convenience fee of $6.99 is charged for Guest or non-registered users and $9.99 for members making payments over the phone with a live representative.Are you liable for unauthorized debit card charges. **There is no fee to make a payment if you sign up as a Registered User. *Loan payments cannot be made in the Payment Center to a Northwest Federal credit card.
Send your payment by mail (please do not send cash through the mail):Ĭredit Card Payments (include the account number from your credit card statement).
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