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Credit Card Chargeback

Credit Card Chargeback

A reversal of a credit transaction is called as a chargeback. It happens when the card issuer or the card owner disputes a charge on a credit card account. The credit card company or issuing bank inspects the assertion, and if the charge is established to be unlawful, fake, or incorrectly billed, a chargeback will be initiated and the cardholder will no longer be accountable for paying.

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As credit cards have become ubiquitous, many myths and misunderstandings have cropped up over the…

Credit Counseling

Credit counseling is a broad term that offers education to customers about how to avoid debts tha…

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