Fraud is baked-into the interest rate we pay. As long as the amount of fraud is within projections, the card company doesn’t care.
And if fraud exceeds predictions, it’s easier for them to raise interest rates and projections.
Problem is, not punishing these thieves further emboldens them.
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I no longer carry any debt so it doesn't apply to me. Credit card is just used a convenient way to pay, not for credit.