Fair Credit Reporting: 5.3.4 Limits on Furnishing Information on Disputed Credit Card and Open-End Accounts
The Fair Credit Billing Act (FCBA) regulates creditor activity when a consumer complains of a billing error.321 The FCBA applies to credit card bills and other open-end credit, such as home equity lines of credit.322 A billing error is defined quite broadly to cover a wide variety of consumer complaints.323 The protections of the FCBA apply even if the disputed transaction ultimately turns out to be valid.324