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How to Dispute Credit Card Charge

How to Dispute a Credit Card Charge There's nothing quite as aggravating as reviewing your credit card statement and seeing that you have billing errors... Common charges that people want to dispute can be not covered other billing ...but, because you don't want to be stuck with interest and fees, you pay the questionable charge and don't give it a second thought disputed by federal law issues that can be disputed, Credit card usage fees (late fee, IO over the limit fee, card replacement fee) Bill not delivered to the current billing address at least 20 days before the billing period ends 1 Cardholder did not authorize the purchase 2 Cardholder 1 Cardholder 2 Recurring service subscription where cardholder no longer uses the services but has not cancelled the program WAIT! did not receive must have notified the merchandise or service creditor in writing of the new billing address Here is a breakdown of credit 3 Merchandise 3 Payment was not credited card issues you can dispute and the process 2 If cardholder did not contact creditor in writing (and to the correct address/department) was faulty but has not been returned to merchant you can take to avoid paying for the charge 4 Mathematical errors then cardholder is responsible for any late fees on statement Communication to the credit card company Within 60 days of receiving the first bill with an error, consumer must: Send a written notification .to the credit card company to the "billing inquiries" address that is on the bill (may be on the back of the bill) mail the dispute via certified mail with return receipt requested so you know when they receive your letter certified mail Include the following information: with return receipt 0105 Cardholder Description of the error Address Account number Copy of receipts name Retain return receipt along with copy of the request and receipts in a safe place Keep them on their toes! 3 Credit card issuer receives your dispute Within 30 days They mail a written response of receiving your dispute to acknowledge the complaint %23 If the dispute has been resolved by this timeframe, written acknowledgement is not required Within 2 billing cycles or 90 days (whichever Is earller)... 00000000. 00000000 ...the dispute must be resolved by the creditor This timeline starts from the date that the creditor receives the dispute letter 4 Not happy with the outcome of the dispute? Cardholder can contact creditor again ///// 1 Must be done in writing within 10 days of creditor's explanation of their investigation 2 Creditor will be able to start collections 3 Time to consider whether the charge in question is worth the consequences or not 4 Collections items can remain on your credit report for up to 7 years process after receiving the second dispute letter Creditor Cardholder responsibilities to remember responsibilities to remember For unauthorized charges, cardholder by law is responsible for questionable charges up to $50 Must follow the timeline dictated by law Cannot take legal actions or try to collect on questioned amount while investigation is underway You are responsible to pay the portion of your bill that is not affected by the dispute www.creditdonkey.com If creditor's investigation finds that your charges are correct, you are responsible for those charges plus any finance charges that accrued during the dispute period Can apply questioned amount against your limit This amount can reduce your limit until investigation closes Good idea to have at least two credit cards you can use! TM If they violate these areas, contact the FTC at www.ftc.gov or 1-877-FTC-HELP (1-877-382-4657) CreditDonkey DISPUTE PROCESS

How to Dispute Credit Card Charge

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There is nothing more annoying than opening your credit card bill and seeing that you have been charged for something you didn't buy. This infograph provides information for the kind of credit card ch...

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Credit Donkey

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How To
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