Interesting Article about credit cards

http://business.timesonline.co.uk/article/0,,8214-1016668,00.html

:eek:

I can't believe that the bank didn't immediatly give them the money when they admitted the charges were from the cancelled cards. I was pretty sure it was the law for card issuers to cancel and refund all money if the card was cancelled within a couple days of being lost...but these people cancelled it 6 weeks before charges even started!

scarry huh