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LSDefine

Simple English definitions for legal terms

Fair Credit Billing Act (FCBA)

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A quick definition of Fair Credit Billing Act (FCBA):

The Fair Credit Billing Act (FCBA) is a law that helps protect people who use credit cards. It says that if you see a charge on your credit card bill that you didn't make or that is the wrong amount, you have 60 days to tell the credit card company and ask them to fix it. The law also says that if someone uses your credit card without your permission, you are only responsible for up to $50 of the charges. The Federal Trade Commission (FTC) makes sure that companies follow this law. If you need help disputing a charge on your credit card bill, you can find more information on the FTC's website.

A more thorough explanation:

The Fair Credit Billing Act (FCBA) is a law that was passed in 1974 to protect consumers who use credit cards. The law requires credit card companies to follow certain billing practices and gives consumers the right to dispute charges on their credit card statements.

Under the FCBA, credit card companies must:

  • Give consumers 60 days to dispute charges over $50
  • Investigate and respond to disputes within a reasonable amount of time
  • Correct any errors on the consumer's account
  • Limit the liability of consumers for unauthorized charges to $50

Examples of disputes that can be made under the FCBA include:

  • Charges for goods or services that were not received
  • Charges for goods or services that were not as described
  • Charges for goods or services that were not authorized
  • Charges for the wrong amount

For example, if a consumer receives a credit card statement that shows a charge for a product they never received, they can dispute the charge under the FCBA. The credit card company must investigate the dispute and correct any errors on the consumer's account.

fair comment | Fair Credit Reporting Act (FCRA)

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windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
matt gaetz ethics report released
paid for sex with a junior in high school
guarantee people still defend him
BulbasaurNoLikeCardio
9:51
I only read headlines and skimmed a random article of it since I am the only one at work this week. Seems like he is Republican Hunter Biden but not at the paying rent with poop paintings stage
ImpartialLion
9:55
Sent in my transcript at 6 am today and it’s processing. Think it will be processed before lsac closes tmrw?
BulbasaurNoLikeCardio
9:58
I would say it is a toss up, for how much LSAC charges us for everything they are extremely efficient in processing and sending stuff out BUT with a 30% uptake in applicants and the holidays it may be significantly slower unless it is ran through and processed by a computer program. Even if it takes them longer to process it, not like there is anyone at a school to request and review it after LSAC does their thing
Do we know if any of the t14 open at all this week
just called Fordham. they said there will be decisions going out today
so congratulations on pre xmas waves
BulbasaurNoLikeCardio
10:27
Hope schools are chill and just send As leaving the Rs for next month lol
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