Welcome, visitor! [ Login

Post an Ad

Using Credit Cards: What you need to Know

Debt-Credit Consolidation February 22, 2022

Using credit cards wisely can help you avoid a credit calamity.

What you need to Know

Whether you’re using your credit card to buy a laptop or a box of laundry soap, you have rights and responsibilities under the law.

  • Payments – Pay promptly. If you don’t, your credit card issuer may charge you late fees and additional finance charges.
  • Errors on Your Bill – Card issuers must follow rules for correcting billing errors promptly. They are required to send you a statement outlining the rules when you open an account, and at least once a year while your account is open. A summary of these rights is often included on your billing statement.If you find a mistake on your bill, you can dispute the charge and withhold payment on that amount while the charge is being investigated. You still have to pay any part of the bill that’s not in dispute, including finance and other charges.
  • Unauthorized Charges – If your credit card is lost or stolen, report it to the card issuer as soon as possible. Some issuers have 24-hour toll-free telephone numbers to accept emergency information. If you report the loss before the card is used, you can’t be held responsible for any unauthorized charges. If a thief uses your card before you report it missing, the most you’ll owe for unauthorized charges is $50. If the thief uses your card number, not your card, you have no liability for the unauthorized charges.
  • Disputes about Merchandise or Services – You generally can dispute charges for goods or services you find unsatisfactory if you’ve made a good faith effort to resolve the dispute with the seller, the charge is for more than $50, and you made the purchase in your home state or within 100 miles of your current billing address.
  • Refunds of Credit Balances – If you have a credit balance on your account, perhaps because of a return, you can keep the credit on your account or write your issuer for a refund if it’s more than a dollar. Your card issuer must send you a refund within seven business days of receiving your request. If you don’t ask for a refund and you don’t make any other purchases for more than six months, the issuer must make a good faith effort to send you a refund.
  • FAIR DEBT COLLECTION PRACTICES ACT

    by on August 20, 2022 - 0 Comments

    FAIR DEBT COLLECTION PRACTICES ACT   The federal law, the Fair Debt Collection Practices Act (“FDCPA”), protects consumers from abusive or harassing, false or misleading, and/or unfair practices of third party debt collectors or attorneys attempting to collect debts incurred for personal, family, or household purposes. Business or agricultural debts are not covered by the […]

  • Debt Collectors -Recovery Services - FL & AL

    by on September 13, 2022 - 0 Comments

    Entity Address Telephone CenterOne Debt Management Services LLC 6150 Omni Park Drive, Mobile, AL, 36609 (251) 639-7500 Medical Data Systems, Inc.  Medical Revenue Service 645 Walnut Street, Suite 5, Gadsden, AL, 35901 (256) 546-7099 Firstsource Financial Solutions, LLC 7715 NW 48th Street, Miami, FL, 33166 (305) 513-5500 Bayview Loan Servicing, LLC 4425 Ponce De Leon […]

  • Debt Collectors -Recovery Services

    by on August 31, 2022 - 0 Comments

    Entity Address Telephone A.C.B. American, Inc. 4351 Winston Avenue, Covington, KY, 41015 (859) 261-8745 Advanced Collection Services LTD Mastercheck 55 Whiting Street 2A, Plainville, CT, 06062 860-793-2255 Advanced Collection Services LTD Mastercheck 55 Whiting Street 2A, Plainville, CT, 06062 860-793-2255 Affiliated Group, Inc., The  Affiliated Credit Services 3055 41st Street NW, Suite 100, Rochester, MN, […]

  • Credit Counseling & Auto and Home Loans

    by on July 28, 2022 - 0 Comments

      Credit Counseling   If you aren’t disciplined enough to create a workable budget and stick to it, can’t work out a repayment plan with your creditors, or can’t keep track of mounting bills, consider contacting a credit counseling service. Your creditors may be willing to accept reduced payments if you enter a debt repayment […]

  • Credit Counseling Courses and Financial Management Courses : Delaware (DE) USA

    by on September 7, 2022 - 0 Comments

    Financial Management Instructional Courses /Debtor Education Agencies Name,  Website , Courses Offered & Languages Supported  Debtor Education Agencies   address 1st Choice Credit Counseling & Financial Education a/k/a DBSM, Inc.         Website – www.mybknow.com:      Financial Management Instructional Courses (Debtor Education) Delivery Method – Internet :   Language (other than English) in which the service method is provided, either […]