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Fair Credit Billing Act

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Fair Credit Billing Act
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Fair Credit Billing Act (FCBA)
federal law designed to facilitate the handling of credit complaints and eliminate abusive credit billing practices. It applies to open-end credit accounts, such as credit cards and revolving charge accounts.

FAIR CREDIT BILLING ACT - Passed by Congress in 1975 to help customers resolve billing disputes with ca...
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Fair Credit Billing Act
A federal law that addresses billing problems with open-end credit accounts by requiring, for example, that consumers send a written error notice within 60 days of receiving the first bill containing the error, ...

Fair Credit Billing Act - FCBA
A federal law designed to protect consumers from unfair credit billing practices.

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See also: Credit report, Fair Credit Reporting Act, Personal finance, Bills, Consumer credit

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