Fair Credit Billing Act
An amendment to the Truth in Lending Act that gives consumers the right to challenge errors on their credit card statements. Once notified of an error, the company must either correct it or explain why it believes the statement is correct within set time limits.
Category: Bankruptcy, Foreclosure & Debt → Debt & Collection Agencies
Category: Personal Finance & Retirement

Nolo’s Plain-English Law Dictionary. . 2009.

Look at other dictionaries:

  • Fair Credit Billing Act — The Fair Credit Billing Act (FCBA) is a United States federal law enacted as an amendment to the Truth in Lending Act (codified at usc|15|1601 et seq.). Its purpose is to protect consumers from unfair billing practices and to provide a mechanism… …   Wikipedia

  • Fair Credit Billing Act — Federal Act designed to facilitate settlement of billing error disputes and to make credit card companies more responsible for the quality of merchandise purchased by cardholders. 15 U.S.C.A. No. 1666 et seq …   Black's law dictionary

  • Fair Credit Billing Act — Federal Act designed to facilitate settlement of billing error disputes and to make credit card companies more responsible for the quality of merchandise purchased by cardholders. 15 U.S.C.A. No. 1666 et seq …   Black's law dictionary

  • Fair Credit Billing Act - FCBA — A federal law designed to protect consumers from unfair credit billing practices. The Fair Credit Billing Act (FCBA) provides guidelines for both consumers and creditors including procedures to manage disputes regarding billing statements. In… …   Investment dictionary

  • Fair Credit Reporting Act — The Fair Credit Reporting Act (FCRA) is an American federal law (codified at usc|15|1681 et seq.) that regulates the collection, dissemination, and use of consumer credit information. ( [http://www.ftc.gov/os/statutes/031224fcra.pdf Full Statute] …   Wikipedia

  • Credit CARD Act of 2009 — CARD redirects here. For other uses, see CARD (disambiguation). Credit Card Accountability Responsibility and Disclosure Act of 2009 Full title An Act to amend the Truth in Lending Act to establish fair and transparent practices relating to the… …   Wikipedia

  • Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …   Wikipedia

  • Credit bureau — A credit bureau (United States), or credit reference agency (United Kingdom) is a company that collects information from various sources and provides consumer credit information on individual consumers for a variety of uses. It is an organization …   Wikipedia

  • Credit card interest — Finance Financial markets Bond market …   Wikipedia

  • consumer credit — Short term loans to individuals for purchase of consumer goods and services See also Consumer Credit Code Consumer Credit Protection Act consumer credit sale consumer credit transaction credit card Equal Credit Opportunity Act …   Black's law dictionary

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