The Advantages of Credit Cards

There are many evils associated with credit cards, but there are benefits that are hard to ignore. One benefit is having the credit card company act in your behalf to recover funds from a disputed transaction. Under the Fair Credit Billing Act the credit card company has to investigate the dispute and either take the charge off your bill or explain why it is correct. Even better, you don't have to pay the portion of the credit-card bill or related interest charges while the dispute is being investigated.

The types of blling disputes/errors covered by the Fair Credit Billing Act are:

• Charges that list the wrong date or amount.

• Charges for goods and services you didn't accept or weren't delivered as agreed.

• Math errors.

• Failure to post payments and other credits, such as returns.

• Unauthorized charges.

Before you dispute any of issues you must first contact the retailer and try to settle the dispute. If they ignore you, or the dispute is not settled then contact the credit card company. Usually you need to have your dispute in writing to the credit card company. The address for billing disputes is different then the address to send payments. The billing dispute address can be found on the back of your monthly statement. If it cannot be found, call the credit card company's customer service for the billing dispute address. You usually only have a certain number of days to dispute the billing error so make sure you mail in your dispute before the deadline.

If contacting the credit card company doesn't resolve the dispute, you may contact the Office of the Comptroller of the Currency's Customer Assistance Group. Their website is http://www.occ.treas.gov/customer.htm and phone number is 800-613-6743.

About The Author

Christine Breen is the owner of 1stop-creditcards.com a site helping consumers find a better credit card.

kokopoko2000@yahoo.com

---

How Healthy Is Your Credit

There's only one way to discover the "health" of your... Read More

Dealing With A Collection Agency

Step I - Selecting A Collection AgencySelecting a credit collection... Read More

The Truth About Credit

What you might not know about credit.Some people don't know... Read More

A No-Brainer Way Of Getting Credit And Credit Cards

What Is Your Credit Rating Now?If you have any charge... Read More

Make Sure Your Credit Report Is Correct to Improve Your Interest Rates And Lower Insurance Premiums

Did you know that you could make sure to get... Read More

Free Credit Reports - How to Maintain Your Credit Profile

Maintaining your Credit ProfileEvery consumer should be maintaining their credit... Read More

Using Credit Cards Wisely

"I think money was stolen from my card" or "I... Read More

Bailiffs & Council Tax - Knowing What To Do

This article is about bailiffs who may call trying to... Read More

Types of Credit Cards

There are a whole variety of different types of credit... Read More

Will Inquiries Lower Your Credit Score?

What are inquiries?When you apply for credit the creditor or... Read More

How a Credit Card Can Be Your Friend

We have all heard countless stories of people over their... Read More

FREE Credit Report Offer - Careful, It Might Carry Hidden Charges

FREE credit checks or free credit reports. What are they... Read More

5 Killer Steps to avoid Credit Card SCAMS!

In August, 2004, the Federal Trade Commission issued their findings... Read More

19,178 Identity Theft Victims Per Day - Are You One Of Them?

Identity theft statistics are shocking. And we are told that... Read More

Fixing A Credit Report

Fixing a credit report starts with seeing what's on it.... Read More

First Major Regulatory and Legislative Victory of 2005 for Creditors and Consumers

Under the Fair Debt Collection Practices Act, collectors are not... Read More

How Do I Establish A Good Line of Credit?

A line of credit, roughly defined, is the amount of... Read More

Credit Score: The Brightest Feather In Your Financial Cap

Credit scores are the most important aspect that determines your... Read More

Credit Repair Companies and Credit Counseling

Let's be crystal clear, right up front. Paying someone to... Read More

Debt Collection Agencies

Debt collection agencies are often a viable option for receiving... Read More

Free Credit Reports: From The 3 Major Credit Bureaus!

Get your credit report online for FREE. Many financial advisors... Read More

Identity Theft ? Who Would Want Mine?

With all my bills who would possibly want my credit?... Read More

0% Credit Cards

These days, credit cards in the UK are competing with... Read More

How To Choose A Credit Card

Your credit score may just be a little number, but... Read More

How To Get Out Of Credit Card Debt

If you're like the average person, let me warn you... Read More