Attorneys Who Represent People in Unauthorized Debit and Credit Card Transactions

Numerous laws, regulations, and acts have been put in place to protect consumers from unfair and unjust treatment. Most of these laws were established to ensure that consumers within the United States are protected from fraud, harassment, or unsolicited acts from companies, banks and corporations.

The EFTA and TILA govern, amongst other things, credit and debit cards. These laws limit your liability for unauthorized charges, and can provide for liability against your bank for failing to take corrective action once informed about the unauthorized charge. If your bank refuses to reverse an unauthorized charge to your credit or debt card, contact one of our attorneys immediately. There are very short deadlines you will need to meet in order to protect your rights under these acts. If you cannot speak to an attorney today, you should send a certified mail letter with your complaint in it to your bank or credit card company. Keep a copy and receipt for yourself and seek legal counsel immediately. Call our firm at (614) 944-5219 for a consultation.

While laws such as the Electronic Funds Transfer Act (EFTA) and Truth in Lending Act (TILA) have been put in place to help protect the rights of individuals, in some cases, consumers may still need legal guidance. At Doucet & Associates, we are proud to offer quality, informative legal services to our clients throughout the state of Ohio. If you feel that you have been treated unfairly, or if you have questions regarding your rights under these laws, do not hesitate to contact an Ohio lawyer from our team.

Check out some of our related articles about debit and credit cards:

What is your liability on debit and credit cards?

Are you thinking about getting you child a debit card?

Truth In Lending Act

Do I have 3 days to cancel the transaction in Ohio?

Right of Rescission

Can my credit card company sue me?

Can my credit card company take money from my bank accounts?

Electronic Funds Transfer Act

The EFTA laws were established in 1978 to protect consumers who use electronic means to manage their funds and financing. Today, ATMs, direct deposits, and online transactions are the predominant methods of handling money and making purchases, and very little currency is actually exchanged from person to person. People place trust in these electronic banking systems and the businesses that they are working with to ensure that their money is transferred in a timely and proper manner.

Debit cards, electronic checks, pay-by-phone systems, internet transactions, ATMs, credit cards, and preauthorized transfers are all covered under this act. While this act serves to help provide legal guidelines for electronic funds, there are some situations in which additional legal assistance may be required. If you have received an illegal charge, overcharge, or other unauthorized charge to your account that has not been resolved by your bank or related service provider, Doucet & Associates may be able to help. Call for your consultation today.

Truth in Lending Act

The Truth in Lending Act is a law that was passed in 1968 to help ensure that individuals who apply for or are receiving credit understand the terms and conditions addressed in their loans. Most types of credit have to follow these laws, including closed-end or open-end credit, mortgages, car loans, and fixed-rate loans.

When receiving credit, consumers must be made aware of the annual percentage rate, the terms and conditions of the loan, and any penalties or billing periods required by the lender. Failure to follow or address any of these conditions can be a violation of the act, and a consumer can potentially take legal action against the lender with the assistance of an attorney.

If you feel that you have a case under the EFTA or TILA, or that the lender or company you were working with acted in an illegal or unjust manner, call a dedicated lawyer from Doucet & Associates today.