Skip to main content
All CollectionsLoan typesBusiness credit cards
Are there consumer protections for credit card holders?
Are there consumer protections for credit card holders?
Updated over a week ago

Consumer protections for credit card holders ensure fairness and transparency. Here's a summary:

  • Truth in Lending Act (TILA): Requires clear disclosure of credit terms and costs.

  • Fair Credit Billing Act (FCBA): Allows disputing billing errors or unauthorized charges.

  • Fair Credit Reporting Act (FCRA): Governs credit reporting agency practices.

  • Credit Card Accountability Responsibility and Disclosure (CARD) Act: Sets limits on fees, regulates interest rate changes, and mandates clearer terms and protections for young consumers.

  • Zero Liability Protection: Most issuers protect cardholders from unauthorized transactions.

  • Dispute Resolution Process: Ensures a formal process for resolving consumer complaints.

  • Data Security and Privacy: Mandates security measures to safeguard cardholder data.
    ​
    ​

Did this answer your question?