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Stop Credit Card Payment

Payments by credit card, you have some protection problems with your buy. If the item is defective and the merchant will not repair or change, or if they never received the item you ordered, you can stop paying credit card. You can also stop charging if it is discovered that the item or service buyd was misrepresented in some way.

There is no special procedure to stop the credit card payment. You should do this process correctly to ensure their dispute was confirmed and payment stops. Try to resolve the matter on their own before leaving payment by credit card.

Stop Credit Card Payment

When you dispute charge on your credit card, you will need to provide documentation of problem and show that you made effort to settle dispute with merchant first. According to MSN Money, Fair Credit Billing Act requires this documentation. If merchant will not resolve issue, determine whether purchase falls within rules required to stop credit card payment.

amount of charge should be more than $50, and technically you should have made purchase within 100 miles of your place of residence. However, due to popularity of internet shopping, MSN Money says most credit card issuers do not enforce 100-mile restriction. If you meet requirements to dispute charge, call your credit card issuer at customer service phone number on back of your card.

Give them details on transaction you want to stop. Most companies will issue temporary credit on your account while they investigate your dispute. Follow up your phone call with letter that describes dispute and your attempts to resolve dispute, and include copies of all documentation.

Send this information through certified mail, and request signed receipt so you’ll know that your credit card company received it. Follow up with your credit card company to see if they would like any additional information or documentation from you. When they receive your complaint, they will start investigation and get merchant’s side of story before they will permanently stop payment.

We hope this information about “How to Stop Credit Card Payment” is really helpful to you as well as other information related to credit card

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How to Stop Credit Card Payment

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