How do I dispute a charge on my credit card statement?
If you notice a charge on your credit card statement that you did not authorize, you can dispute it by following a few steps. First, it is important to act quickly. You must contact the business that billed you and explain why you are disputing the charge. You should also contact the credit card issuer and explain your situation. The credit card issuer will investigate the dispute and work with you to resolve the issue. The next step is to submit a dispute form to the credit card issuer. The form will have information about the billing dispute. This should include the date and any relevant transaction numbers. You should also provide documentation such as a copy of the invoice or sales receipt. The credit card issuer may require additional documents. The credit card issuer may contact the business that billed you to resolve the issue. If the party does not respond, the credit card issuer may refund the charge. If the dispute is valid, the credit card issuer will refund the amount and update your statement. It is a good idea to keep records of all communications with the business and credit card issuer. If you are not satisfied with the outcome, you can contact the Maryland Office of the Attorney General or file a complaint with the Federal Trade Commission.
Related FAQs
How do I dispute a charge on my credit card statement?What are the consequences of not paying my credit card bill on time?
What is theCard Act of 2009?
What is a financial institution's liability for unauthorized credit card use?
What are the different types of fraud protection programs?
What is the difference between a secured and an unsecured credit card?
When is a credit card issuer required to disclose the terms and conditions of a credit card?
What is a late payment fee?
What is a credit limit?
What is a variable rate credit card?
Related Blog Posts
The Basics of Credit Card Law: What You Need to Know - July 31, 2023The Pros and Cons of Credit Card Use - August 7, 2023
What Is the CARD Act and How Does It Impact You? - August 14, 2023
5 Tips for Understanding Credit Card Law - August 21, 2023
Understanding the FDCPA and Its Impact on Credit Card Law - August 28, 2023