You may be wondering if the charge you have an issue with is even eligible for dispute.įirst, let’s talk about fraud. I’ll discuss that later in the article when I go through the types of charges that can be disputed. Note that a charge that is in need of dispute is different from a fraudulent charge. This could include asking you to call customer service or fill out a form on their website. Others may have a process that is a little more complex. Some credit card issuers make this process incredibly simple by placing a prompt to dispute a charge underneath each of your transactions on your statement online. This can be done a few different ways, and each card issuer may have a preferred method for how to raise the alert that you have a potentially inaccurate charge on your bill. The goal, of course, is to get that charge removed. How To Dispute a Charge With Your Credit Card Issuerĭisputing a charge on your credit card is the act of flagging a particular transaction as inaccurate and asking for a review by your credit card issuer.Things You Need To Know About Disputing a Charge.In this article, I’ll walk you through what you’ll need to know if you’re thinking about disputing a charge.ĭisputing Credit Card Charges: Table of Contents But not all transactions can be disputed, and time is a big factor in disputing many transactions.Īs a consumer, you should know your rights so that you’ll know what to do if a fraudulent transaction is charged to your credit card. Always.)ĭisputing a charge to your credit card is perhaps the most useful tool you have to combat paying for unwarranted transactions. (Oh, and make sure you’re spending with a credit card instead of a debit card. ![]() ![]() He says the key to combating fraudulent or unwarranted charges is to monitor your billing statements proactively and take immediate action to dispute bad charges when you see them. Money expert Clark Howard said in an episode of his podcast that more and more consumers are contacting him in a panic because of unrecognized or unwarranted charges on their cards. Do you have a transaction on your credit card bill that you don’t believe you should be obligated to pay? You may be able to recoup your funds by disputing the charge.
0 Comments
Leave a Reply. |