Fair Credit Billing Act (FCBA)
- 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
- After noticing a fraudulent charge on her statement, she utilized her rights under the Fair Credit Billing Act (FCBA) to resolve the issue.
- 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).
- The Fair Credit Billing Act (FCBA) helped him address unauthorized transactions on his credit card statement.