What Happens If You Falsely Dispute A Credit Card Charge?

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What Happens If You Falsely Dispute A Credit Card Charge

What Happens If You Falsely Dispute A Credit Card Charge?

If you paid for an item, but it arrived damaged or never received, you may get frustrated and want your money back. It is the right of the consumer to dispute a credit card charge. Although they posted it mistakenly or the merchant did not provide sufficient services and goods.

Credit cards protect the consumers; one is to file a credit card dispute. Disputing credit card charges indicates you disagree with an account on a credit card. But, you want help to remove that charge. Credit cardholders can dispute charges they did not make. So if your card got stolen or someone uses your card number, and without your permission, make a purchase, you would be responsible for that purchase.

It is necessary to challenge fraud immediately. If the merchant made an effort to resolve the issue, then file other types of disputes. The time frame will depend on the kind of dispute. You have only 60 days to file against the conflict. We will discuss everything you need to know about how to dispute a credit card charge, regardless of what type of dispute you need to file.

What Is A “Dispute A Credit Card Charge”?

Consumers can dispute fraudulent charges on their bills by calling the issuer. Usually, it is a quick process where the issuer will cancel the credit card and reissue the new one.

When you make a purchase, you also have the right to dispute a credit card charge. Can do it due to improper service or dissatisfaction with services. If you are doing online shopping that shows up broken, your credit card issuer can help you get your money back. Within 60 days, you have to file a dispute.

How Does “Disputing A Charge” Work?

The dispute process varies from company to company. Still, these two are the convenient ways to dispute a credit card charge:

  1. You can call on the phone number mentioned on the back of the credit card and explain that you want to dispute a credit card charge.
  2. Dispute the charge through an online credit card account. You will mention the information that is why you are disputing the charge by online form.

The credit card company will ask for the documents, or it may wait for the merchant’s response before it takes evidence from you that supports your dispute.

You should try to resolve the issue with the merchant first if you made the purchase. There is no need to pay the charge until a decision is made regarding the dispute.

How Much “Dispute A Charge” Can Be Extended?

Normally, you have 60 days from when the charge appears on the credit card statement to dispute it. Check your cardmember agreement to confirm how much time it will take to dispute a charge.

Typically, it is available online, or you should receive this through email. All the dispute time limit information should be in the right billing section. If you do not start the dispute with the given time frame, you may be stuck paying that money. That’s why you should read the credit card statement every month and always check your unauthorized charges.

Main Reasons Behind Credit Card Dispute Charge

There are many reasons to dispute a credit card charge that the charge may be unauthorized, a purchase problem, or a billing error.

Uncertified Charges

If someone makes a purchase with your credit card without your permission, that’s a fraud. If your credit card is stolen or lost, you can protect yourself from fraud immediately by notifying your card issuer. But you should dispute it if an unauthorized charge occurs before doing that. An uncertified amount may happen if a criminal holds your card information but not the credit card itself. You can also dispute such types of charges.

Errors Associated In Billing Process

It is an error that a merchant made by mistake. Multiple charges for one purchase are a common example of a subscription service charge when you have cancelled it. If a merchant can’t refund a billing error, you can dispute.

Problems Associated With Purchase

A dispute can get your money back when you face issues with the service or product you purchase. You must resolve the problem with the merchants first.

Reasons that include this type of dispute:

  • Incomplete service by the merchant even if you are paid for it.
  • Did not deliver the product you ordered.
  • If there was a quality issue with the purchase.

What Is The Influence Of “Disputing A Charge” On Your Credit Card?

It does not have any impact on your credit card. Do not worry that a disputed charge would drop your credit score.

During the dispute process, you must pay your bills regularly. Before resolving the issue, the card issuer usually removes dispute charges from the statement. Still, you have to pay the rest of the bill.

What Happens If The Dispute Is Legally Denied?

The charge will go back to your Credit Card if your dispute is denied. Now you can legally explain the controversy and appeal the decision. Your credit card company will send you all the instructions and explanations on the appeal process.

An appeal provides you with an opportunity to give evidence and win the dispute. If it does not work, you can also file a complaint. You can also hire a lawyer, but it won’t be worth it in most disputes.

Does “Dispute A Charge” Help In Consumer Protection?

“Ability to dispute” is great protection for consumers. And it’s one of the reasons why a credit card is a smart way to pay. Your evidence should be ready when filing the dispute with the card issuer. If the card issuer requests any information, always respond on time. Make sure you have a justifiable reason for your argument.

Conclusion

Make sure that you have a legal reason before you dispute a charge. Do not misuse the protection. Contact your merchant if there is a problem with service or product and do your best to handle this issue first.