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Fair Credit Billing Act




It amends the Truth in Lending Act (15 U.S.C. 1601-1665, where it is followed by the Fair Credit Reporting Act ), primarily by adding Chapter 4—CREDIT BILLING
Sections:

161. Correction of billing errors.

162. Regulation of credit reports.

163. Length of billing period.

164. Prompt crediting of payments.

165. Crediting excess payments.

166. Prompt notification of returns.

167. Use of cash discounts.

168. Prohibition of tie-in services.

169. Prohibition of offsets.

170. Rights of credit card customers.

171. Relation to State laws.