No credit card just sex
Credit card law, like most law, can be difficult to understand.Yet it is so important to our daily experiences as cardholders.
Read on for an overview of your rights under current credit card law.
The first credit right one can have is the ability to access it in the first place. 28, 1974) protects credit card applicants from discrimination based on race, color, religion, national origin, sex, marital status or age.
Discrimination, unfortunately, has a long history of blocking equal access to all kinds of goods and services. In addition to those protections, an applicant cannot be discriminated against for receiving public assistance or for exercising their rights under the Consumer Credit Protection Act. For now, just know that you can’t be penalized for calling out illegal policies.
Most negative credit events, like late payments, are removed after 7 years.
Bankruptcies can stay on your reports for up to 10 years.
After all, you don’t want to have to pay for inaccurate or fraudulent charges.