No. Banks love to throw around the word “negligence,” but the EFTA doesn’t use it. Whether you clicked a link, answered a fake call, or believed an imposter, the law still protects you as long as you didn’t knowingly authorize the transfer.

Michael F. Cardoza, Esq.
Michael F. Cardoza, Esq.
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U.S. Marine & Consumer Financial Protection Attorney helping victims of ID theft and Credit Reporting errors.