Which federal credit law sets the procedure for promptly correcting billing mistakes?
A)Fair Debt Collection Practices Act
B)Equal Credit Opportunity Act
C)Fair Credit Billing Act
D)Fair Credit Reporting Act
E)Truth in Lending Act

Question

Quizplus · Accepted Answer

The Fair Credit Billing Act sets the procedure for promptly correcting billing mistakes on revolving credit accounts, such as credit card or charge card accounts. It provides consumers with a process to dispute billing errors with their creditors.

Which Federal Credit Law Sets the Procedure for Promptly Correcting