weatherson Posted June 23, 2008 Report Share Posted June 23, 2008 http://www.ftc.gov/bcp/conline/pubs/credit/fcb.shtmsays: "Any creditor who fails to follow the settlement procedure may not collect the amount in dispute, or any related finance charges, up to $50,even if the bill turns out to be correct."If the amount in dispute is $1000, and the finance charges $100, how much is disallowed from collecting?$1000? $1050? $1100? $50? Link to comment Share on other sites More sharing options...
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