credit card fraud claims

I'm sorry but your post is confusing to me. I have not heard of FCBA and don????????t understand the part about it expiring. I think maybe you are talking about the FCRA (Fair Credit Reporting Act) and your state SOL (Statute of Limitations).

It is the Fair Credit Billing Act and it stipulates timeframes for billing consumers in regards to credit card companies. My question is if a dispute turns in to be basically a lie or bogus dispute, then shouldn't FCBA not apply and the timeframes to re-bill a consumer's account be dismissed?

In my opinion the short answer is a dispute should not change your billing cycle even on the disputed items i.e. those items would be added back in but not due in full and not moved to their own special billing cycle.

This is how I think it works but I don't know the specifics. Basically you make charges on a card and they bill you roughly once a month. You then have so many days to pay that bill. If you dispute some items because of fraud or whatever that does not stop the payment unless the dispute brings the balance to zero. For example, if I have a CC balance of $500 and I dispute $100 worth of stuff then I still have a balance and I still have to make at least a minimum payment. The dispute would not change the minimum due or the date. If I lose the dispute then the CC would recharge the $100 back to my card plus deferred interest. I would not be charged penalties of any kind though as long as I made my normal payment on time that I was billed for. Now if I disputed the entire $500 then my balance would be zero therefore my minimum payment would be zero. If I lost the dispute for whatever reason then the CC should recharge the $500 plus deferred interest but I should not have to pay any penalties for missed payments and I would call and argue with as many reps as it took until I got them to remove the penalties. Throughout this entire process I should still receive my normal bills on their normal cycle. If the dispute takes 65 days then in either scenario I would still recieve a bill at the 30 day mark with either a $400 balance or a $0 balance depending on the scenario. Then at 60 days I would receive the next bill with 0 or 400. Then at 90 days I would receive a bill with the failed dispute added back in for $500 minus any minimum payments I made depending on the scenario followed.

Thats my take anyway but I am certainly not an expert on the FCBA.

Thanks for the note. The ACT reads that you can not rebill the customer for the false claim after 90 days of the initiation of the claim. What I am asking is that if it is a false claim and was never really a Fraud charge, then the consumer should be able to be billed back for the charge even after the 90 days. At this time, the credit card company is not able to rebill the charge the consumer did make, and proved they made, if it happens to be after the 90 days!!! So, they got away with a false claim!

Honestly that sounds kind of bogus to me. The law may read that way but CC companies are pretty tough to fight especially if you want to continue to use that CC. I suspect the CC would bill it back even if it was past the 90 day mark and there wouldn't be much the consumer could do about it other than let the card default. I think it would depend on the dollar amount too. If we are talking about $100 dispute then it would be kind of silly to go through the charge off process but if it is $20,000 then it might show up in front of a judge and the FCBA might be used.

While we were dating he once paid for a month of school for my 4 year old son because I had trouble paying... He called it a gift.
Then two months later we broke up and he disputed the charges on his account. The school has 3 witnesses to the event in which he came in to pay, gave the credit card AND signed for it!!! Now they are looking for me to come up with the money..Can he get away with this??? HELP I need advise.
Angry Single Mom

Pay the school and take the ex to court to get the money. You have witnesses to show that he made the payment.

what happens if you dispute a atm withdrawl and say you never got the money and you realy did after a year latter

If you are saying what I think you're saying- you should retract your statement, unless of course you want to be prosecuted for fraud & theft. :shock:

Taking money from an atm and then denying that is definitely fraud...remember...there are cameras.

What happens to the debt if a case of fraud is proven true. Does the credit card company write it off or do the go after the person who committed the fraud?