Fair Credit Billing Act (FCBA)

Definition of "Fair Credit Billing Act (FCBA)"
  1. A law that permits consumers to dispute mistakes on their credit card statements, and requires that companies either fix the errors or justify their accuracy within certain time constraints
How to use "Fair Credit Billing Act (FCBA)" in a sentence
  1. After noticing a fraudulent charge on her statement, she utilized her rights under the Fair Credit Billing Act (FCBA) to resolve the issue.
  2. The company fell into legal trouble when it failed to respond to a customer’s dispute, as required by the Fair Credit Billing Act (FCBA).
  3. The Fair Credit Billing Act (FCBA) helped him address unauthorized transactions on his credit card statement.

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