Fair Credit Billing Act

in Glossary

FCBA is a federal law, also known as the Truth in Lending Act. This law is intended to protect consumers from credit card account billing errors or other abusive credit billing practices. It applies to Open End Credit accounts, such as credit cards and revolving charge accounts.


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Related ChexSystems Banking Information:

  1. On ChexSystems List? Know Your Rights Under the Fair Credit Reporting Act
  2. Fair Credit Reporting Act (FCRA)
  3. How New Banking Rules May Impact Your Second Chance Bank Account
  4. National Credit Union Association
  5. How to Open a Bank Account with no Credit Check

Tagged as: Fair Credit Billing Act, Truth in Lending Act

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