What are some of the most common defenses used in credit card dispute resolution?

In South Carolina, there are several defenses that are commonly used in credit card dispute resolution. One such defense is that of lack of knowledge or authorization. This defense means that the individual claiming to have been wronged had no knowledge or authorization for the use of the card. For instance, if a card was stolen or fraudulently used and the cardholder was unaware of the activity, then this defense could be used. Another defense is that of inaccurate entry. This defense claims that the credit card issuer made an incorrect entry that caused the dispute. This type of defense is particularly common for cases involving incorrect or overcharged fees. Third, a defense used in credit card dispute resolution is that of mistake. This defense holds that the transaction was made in error, either by the cardholder or the credit card issuer. This approach may be used when there is a mistaken identity or an incorrect billing address. Finally, a defense that is used in credit card dispute resolution is that of a change in circumstances. This defense argues that the cardholder’s circumstances have changed since the transaction was made, resulting in an inability to pay the debt in full or in a timely manner. This defense is commonly used when a cardholder is facing an unexpected job loss or other financial hardship. In summary, the most common defenses used in credit card dispute resolution in South Carolina are lack of knowledge or authorization, inaccurate entry, mistake, and change in circumstances.

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What are some of the most common defenses used in credit card dispute resolution?

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