Shared Flashcard Set

Details

Fair Credit Billing Act
N/A
6
Law
10th Grade
11/18/2011

Additional Law Flashcards

 


 

Cards

Term
Found an incorrect bill on your statement. What do you do?
Definition
Write a letter to the creditor
Term
You have to write a letter to the creditor about your incorrect statement within how many days of recieveing the bill?
Definition
60 days
Term
Who do you sue when the FCBA is not properly followed?
Definition
The creditor
Term
What does the federal law limit your responsibility for unauthorized charges to?
Definition
$50
Term
Does this act apply to Installment loans?
Definition
No
Term
Is a dispute over math errors covered under the Fair Credit Billing Act?
Definition
Yes
Supporting users have an ad free experience!