Randy received his credit card bill and noticed multiple unauthorized charges. How soon must he notify his bank of these charges before he becomes entirely responsible for paying them?
A. Within 24 hours
B. Within 2 days
C. Within a year
D. Within 60 days
Explanation. For a credit card, there is no loss if the unauthorized charge is reported to the issuer of the credit card within 60 days. For debit cards, there could be some loss.
