Can I have my original charge reversed after a successful dispute?
Yes, it is possible to have your original charge reversed after you have successfully disputed it. Under South Carolina’s credit card dispute resolution law, a financial institution must refund the amount of the dispute if the dispute is found to be valid. The customer is not responsible for any additional charges or fees related to the dispute. If the financial institution does not find the dispute to be valid, the customer is expected to proceed with the original charge. However, if the dispute is found to be valid, the financial institution must refund the original charge as well as any other associated fees. It is important to note that if a customer disputes a charge, they must still make timely payments to the financial institution. If the customer fails to do so, the financial institution may still be able to collect the debt. In order to ensure that the dispute process is successful, consumers should always keep detailed records of their transactions and dispute communication with the financial institution. Additionally, it is important to make sure all supporting documents are provided at the time of the dispute. Failing to provide this information could result in the dispute not being found to be valid.
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