Fair credit billing act (fcba) - sustany/dvg GitHub Wiki

The Fair Credit Billing Act of 1974 implements required billing practices for �open end credit� like credit cards. The Act requires creditors to give consumers 60 days to challenge certain disputed charges over $50 such as wrong amounts, inaccurate statements, undelivered or unacceptable goods, and transactions by unauthorized users. Also, the Act limits liability of consumers for transactions by unauthorized users to $50. The Federal Trade Commission (FTC) generally enforces the Fair Credit Billing Act, and for more information on disputing a transaction, see here.�