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[H1023]How To Dispute Credit Card

by Jean Martin, Jea

• Send your letter of dispute as soon as possible. It must reach the creditor within 60 days after the first bill containing the errors was mailed to you. The creditor has to acknowledge your complaint in writing within 30 days of receipt. At the latest, the dispute must be resolved within two billing cycles, but not more than 90 days.

Unauthorized Charges. If your credit card is used without your permission, you could be held responsible for up to $50 per card.

If you report the loss before the card is used, you can't be held responsible for any unauthorized charges.

To minimize your liability, it is imperative that you report the loss as soon as possible. Most issuers have 24-hour toll-free telephone numbers to accept emergency information. If you have managed to notify your credit card company by telephone it's important that you follow-up with a letter which includes your account number, the date you noticed your card missing, and the date you reported the loss.

If you have a dispute about merchandise or services. You can dispute charges for unsatisfactory goods or services.

To do so, you must:

• Have made the purchase in your home state or within 100 miles of your current billing address. The charge must be for more than $50. These limitations don't apply if the seller also is the card issuer or if a special business relationship exists between the seller and the credit card issuer.

• First make a good faith effort to resolve the dispute with the seller. No special procedures are required to do so.

If these conditions don't apply, you may want to consider filing an action in the Small Claims Court.

So if you've been a victim of credit card theft or an unauthorized charge, grab a pen and paper and take notes. These easy to follow steps will make the process of disputing a credit card charge a piece of cake.

Step 1: If you share the credit card with anyone else in your family, be sure to mention the purchases to them and see if they were responsible. Many times, purchases are made by other family members and are mistaken for fraudulant charges.

Step 2: Make a notation of all charges that appear on your bill which you do not recognize. Simply grab a yellow highlighter and highlight each transaction in question.

Step 3: Contact your credit card company. At first, you'll be directed to a general customer service representative who will go over the preliminary details with you, cancel your existing credit card, and initiate the process of sending you a replacement. After you're done there, you'll be transferred to the fraud department where you will spend a few minutes answering questions related to the charges. Once your report has been completed, they'll mail you a form that you'll need to sign off on which simply states that the purchases in question were not made by you. Typically, you have 30 days to return this form to the credit card company.

This entire process should take you a total of 1-2 hours. As you can see, disputing a credit card charge is not as big a deal as many would believe and you don't even have to "fight" your credit card company to avoid paying for the unauthorized charges.

Article Source : Calling Cards From India

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Both Jean Martin & John M. Stafford are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Jean Martin has sinced written about articles on various topics from Credit Cards. . Jean Martin's top article generates over 1000 views. to your Favourites.

John M. Stafford has sinced written about articles on various topics from Credit Cards, Bank of America and Apply for Credit Card. Visit the at . John M. Stafford's top article generates over 5400 views. to your Favourites.