What rights do I have under the Fair Credit Billing Act?

If you live in Florida, you have the right to dispute any errors or unexpected charges on your credit card statement. These rights are guaranteed under the Fair Credit Billing Act (FCBA). According to the FCBA, if you believe there is an error on your credit card statement, you must tell the credit card company in writing within 60 days of the statement being issued. You should include a description of the error, why you believe it is wrong, and the amount of money involved. Once the credit card company receives your letter, they must acknowledge it in writing within 30 days of receiving it. The FCBA also provides you with additional rights when dealing with credit card companies. If you are dissatisfied with how the credit card company handled your dispute, you have the right to withhold payment on the disputed amount, not the entire bill. If the credit card company believes that the disputed amount is owed, they must notify you in writing before they can take legal action against you. In addition, the FCBA also limits the amount that the credit card company can charge you in late fees and interest. Overall, the Fair Credit Billing Act provides consumers with certain rights when it comes to credit card dispute resolution in Florida. By understanding these rights, consumers can feel more confident and empowered when dealing with credit card companies.

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What rights do I have under the Fair Credit Billing Act?

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