Mom racked up 8k on my credit card

Okay so here are the facts: - I opened a Capital One credit card at 18 with a $300 limit (about 11 years ago) - About a year later, my mom took the card to "keep in the safe" and told me she would pay off the balance and cancel it - I never made any payments on the card and no longer had access to it - A few years ago, I became aware that the account still existed and had a balance of around $5,000 - I did not have access to the account, and I believe the contact information (address/ email/phone) had been changed, as I never received statements or notifications - Last week, I checked again and the balance had increased to around $6,000 - In the last few days, the credit limit was increased (without my involvement) from 7k to 10k and the balance is now close to $8,000, with recent charges including international transactions - I have not used this card in many years and did not authorize any use of the account - I was preparing to address this directly, but the balance is now actively increasing My questions are: 1.Should I report this as fraud/ unauthorized use to Capital One? How likely is it that I could still be held responsible for the balance given the length of time? What are the risks or consequences of reporting this, especially if the person responsible is a family member? Should I file a police report, or wait to see what Capital One requires? I want to handle this correctly and protect myself legally and financially going forward. submitted by /u/aggressively-napping [link] [comments]