Dont get fooled into paying for credit card protection, offered by many CCC (orchard comes to mind)

[Anonymous]

By law, once you report the loss or theft, you have no further responsibility for unauthorized charges. In any event, your maximum liability under federal law is $50 per card.

http://www.ftc.gov/bcp/conline/pubs/credit/cards.shtm

[Creditaddict]

The credit card protectiont they are offering is not for a lost or stolen card, it's for if your out of work for illness, or accident or die.

I still would not recommend it in any case.

Message Edited by Creditaddict on 06-05-2008 01:13 PM

[Anonymous]

Agree with creditaddict.

Also, virtually every issuer I'm aware of offers some sort of credit protection program they try to get you to buy.  Orchard is no different from Amex and Discover in this respect.

[Anonymous]

And they do not cover all the states

Like NY is not listed as a covered state but still offer to NY state residents

its free money for them