My credit card / home equity line of credit / personal line of credit is involved in a billing dispute/error. Can the bank apply late fees and interest while this is being investigated?
Generally, if you have filed a proper billing dispute with the bank, you would not need to pay—and the bank cannot try to collect—any portion of any required payment that you believe is related to the disputed amount while the dispute is being investigated. This includes related finance or other charges. However, the bank can act to collect any undisputed portion of the item or bill.
Related Questions
- My credit card / home equity line of credit / personal line of credit is involved in a billing dispute/error. Can the bank apply late fees and interest while this is being investigated?
- How long can the bank take to resolve my billing error/dispute on my credit card / personal line of credit / home equity line of credit?
- What do I do if my bill (credit card / personal line of credit / home equity line of credit) is wrong? How do I file a billing dispute?
