What is the purpose of the fair credit billing act and the electronic fund transfer act.
1 answer:
The fair credit billing act and the electronic fund transfer act provide consumers with legal protection from unfair billing practices .
<h3>What are unfair billing practices?</h3>
Unfair billing practices refer to:
Unauthorized credit card charges Charges due to errors Undelivered goods or services.
The accounts affected y the fair credit billing act and the electronic fund transfer act are credit accounts , including:
Credit cards accounts Charge accounts.
Thus, the fair credit billing act and the electronic fund transfer act provide consumers with legal protection from unfair billing practices .
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