| Title: | DCU |
| Notice: | 1996 BoD Election results in 1004 |
| Moderator: | CPEEDY::BRADLEY |
| Created: | Sat Feb 07 1987 |
| Last Modified: | Fri Jun 06 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 1041 |
| Total number of notes: | 18759 |
Does anybody know the legal limits/terms of the the following for a DCU
VISA card:
Mail order company goes belly up AFTER charging the card (assumeably
receiving payment from DCU)
Thanks
Steve
| T.R | Title | User | Personal Name | Date | Lines |
|---|---|---|---|---|---|
| 597.1 | only if you got it | DNEAST::DUPUIS_STEVE | ABC, it's easy as 1-2-3 | Mon Aug 17 1992 16:43 | 4 |
My understanding is that per Federal Law you cannot be forced to
pay on your credit card for goods and services that you did not
receive. Document your case and work it with the issuer of the
card.
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| 597.2 | KYOA::KOCH | It never hurts to ask... | Wed Aug 19 1992 23:43 | 7 | |
re: .1
Absolutely right. You should always pay for items for which you don't
take TOTAL possession with a credit card. Items such as plane tickets,
health club memberships, etc. In this way the credit card company
becomes the creditor to the issuer of the product, not you. At least
you get something for those high interest rates...
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