Which federal consumer credit law allows consumers to withhold payment for faulty or defective goods or services when purchased with a credit card?
A)Truth in Lending Act
B)Fair Credit Reporting Act
C)Fair Credit Billing Act
D)Equal Credit Opportunity Act
E)Fair Debt Collection Practices Act

Question

Quizplus · Accepted Answer

The Fair Credit Billing Act allows consumers to withhold payment for faulty or defective goods or services purchased with a credit card, providing protection against billing errors.

Which Federal Consumer Credit Law Allows Consumers to Withhold Payment