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Can a Credit Card Company Charge for Payments Made Over the Phone? Episode | Credit Card Posts - Podcasts powered by Odiogo

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Can a Credit Card Company Charge for Payments Made Over the Phone?


Can a Credit Card Company Charge for Payments Made Over the Phone?

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DATE : Sun, 15 Jun 2008 20:11:13 +0000
Entered in Database : 2008-06-15 20:11:13
length : 527180
Link to the Show / Show Notes

Generally, yes. Federal law allows banks and credit card companies to charge non-interest charges and fees, including deposit account service charges. Three points about these charges and fees… 1. All fees should be determined on a competitive basis within the market. 2. Each bank should make the decision on the type, amount, and method of calculation [...]Click here to play

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