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501. What kind of problems am I protected against when paying with a bank credit card?

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This article is from the Credit cards and Consumer Credit FAQ, by adams@spss.com (Steve Adams) with numerous contributions by others.

501. What kind of problems am I protected against when paying with a bank credit card?

The Fair Credit Billing Act protects you from honest errors and
outright fraud by merchants when you make the purchase through a
bank credit card. These include

- billing errors
- charges for goods ordered but never shipped
- charges higher than agreed
- charges for goods not shipped as ordered
- charges for products that don't work as represented
- charges for unsatisfactory services

and similar kinds of problems.

 

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finance, debit card, credit card, secured card, guaranteed card, unsecured card, consumer credit, bad credit, credit report







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previous page: 500. Billing errors and overchargespage up: Consumer Credit and Credit Cards FAQnext page: 502. There's an error on my credit card bill. What should I do?