Disputing Credit Charges – Be Timely
We all love and prize our credit scores- that is, it belongs to us alone. We do not anyone other than us to impact it. For this reason it is important to know how to handle fraudulent or erroneous credit card charges which may not be ours.
Both men and women are subject to having mistakes on their credit card statements. It could be for a ladies clothing items or for shoes. Anything is possible.
Opening your monthly credit card statement and seeing charges that you know you aren’t responsible for can be a very frightening thing. Identity theft is one of the fastest growing crimes in America and the first though that enters most people’s mind when they see a charge on their card that they aren’t responsible for, is that their identity has been stolen.
Regardless of whether the charge on your card stems from identity theft, a mathematical error or by a simple data entry error – if the charge doesn’t represent goods or services that you received, you are not obligated to pay for them. If you didn’t purchase sports gear, it should not be on your statement as a charge. When you encounter a problem with your bill, it’s important not to wait to long to see that it gets handled and in just about every case of disputing a charge, you’ll need to draft a letter to the credit card company describing the situation in detail. Your written communication should be sent by certified mail so you’ve got documented evidence of the date of the correspondence, which may come in very handy if the fraudulent or erroneous charge doesn’t get promptly removed from your account.
Accidents and fraud are a common occurrence in the world of online shopping, but knowing your rights as stated in the Fair Credit Billing Act and following the proper channels to address the problem can keep both you and your credit score safe.
Similar Posts:
- Thinking About Getting Your First Credit Card
- How to Apply for a Credit Card Online
- Advantages Of Credit Cards
- 500 Dollar Loan
- Credit Card Debt Negotiation Settlements
- Getting a Loan from Barclays Bank
- It is Up to You to Reduce Credit Card Debt
- How Does Computer Financing for People with Bad Credit Work?
Getting your first credit card is always a big deal. Unfortunately most of us do not do our research when applying for one for the first time. The biggest mistake that I think people make is not reading the fine print. M…Read More
Are you tired of receiving pre-approved credit card offers through mail only to wait several weeks after you fill in your application just to get a response? Those days are over. Now with the convenience of the internet …Read More
Credit cards, if used properly and responsibly, can be helpful in today’s world. Just as there are disadvantages, there are advantages that can help you in your day to day life. First and foremost, not having the cash on…Read More
Many people are in search of small loans for personal reasons. These small loans usually amount to 500 dollars. There are many places that one can obtain this type of money from, although you always need to be aware of…Read More
Getting out of debt can be a difficult process especially when you consider the amount of money you may owe after penalties and fees for missing payments. For many people in this situation it can feel like you are sink…Read More
You may not be familiar with Barclay’s bank, but you should be; it’s one of the largest companies in the world. While the bank is based in the United Kingdom, it operates worldwide, including in the United States and Ind…Read More
Let’s face it. Reducing your credit card debt in not as easy as preventing it to reach sky rocket levels and paying of your current balance. If this would be the case then we would have been able to reduce these problems…Read More
Occasionally the need arises to buy a computer and you might need to utilize computer financing for people with bad credit. Just because you have credit problems doesn’t mean you can’t purchase things on credit. Many cir…Read More
Popularity: 57% [?]