About The Fair Credit Billing Act (FCBA) And Your Consumer Rights
Created in 1975, the FCBA is a consumer protection statute that provides rights to consumers when they have disputes over their regular monthly credit card bill. Your credit card reporting agency is responsible for submitting accurate information to be included in your credit report.
If you want to dispute a bill, you have that right. Get more information on the FCBA through this link. SmithMarco, P.C., is a source of both information and advocacy. As credit lawyers based in Sacramento and Chicago, we work with clients nationwide.
What Does The FCBA Cover?
The FCBA can diagnose your consumer rights difficulties and point the way to remedies if you have struggled with any of the following regarding your credit card bills: :
- Being billed for merchandise that was never received
- Being charged twice by your credit card company for the same item, or the failure to credit a payment to your account
- Seeing unauthorized charges appear on your credit card
- Finding charges on your credit card bills that list the wrong date and amount
- Detecting mathematical errors
- Missing your credit card bill because of a company’s failure to send your bill to your current address (provided that the creditor has received notice of the change of address within 20 days of the billing period)
The FBCA applies to “open-end accounts” including credit cards and revolving charge accounts, like department store cards. However, the regulations do not cover installment contracts, like car loans or credit lines repaid on a fixed schedule.
How To Dispute Your Credit Card Bill With The Fair Credit Billing Act
The FCBA contains a dispute procedure that must be followed in order to take advantage of the protections of this law. If properly done, the creditor must acknowledge your dispute in writing within 30 days of receiving it. The Federal Trade Commission provides the public with the full text of the FCBA through its website and per other requests for copies.
If you discover inaccurate information on your credit card bill, you have the right to dispute it. Reach out to experienced FCBA attorneys today. Reach us online or call us at 888-915-0836 for a free case review.