The Fair Credit Billing Act And You
June 14, 2008
It has happened to us all, we open the mail only to see that there is an error on the credit card bill. As luck would have it that error is rarely on the side of the consumer so it stands to reason that action should be taken in an effort to correct the error.
Credit card billing errors happen and can happen for a number of reasons. Human errors, computing mistakes, and merchants who simply fail to report returns can all cause billing errors. The Fair Credit Billing Act was established to give consumers a tool to fight those errors with unfortunately, consumers are either unaware of the law or use it inappropriately. [Read more]
