The right to initiate a credit card fraud dispute

Get credit card fraud help: For victims of credit card fraud and identity theft, and those that can help.
9 posts
markmark
 
Posts: 1
Joined: Sat Oct 09, 2010 10:11 am
Location: Columbus, IN

The right to initiate a credit card fraud dispute

Postby markmark » Sat Oct 09, 2010 10:16 am

A company that I do business with faxed me a credit card authorization form. At the bottom it says " I also agree that I will not initiate any dispute on this charge in the future".

I suppose they can ask you to sign anything they want but is it legal to ask someone to sign away their right to dispute before the transaction has even been completed?

markmark


jeffysdad
Centurion Member
Centurion Member
 
Posts: 875
Joined: Thu Apr 30, 2009 2:32 pm
Location: Texas

Postby jeffysdad » Sat Oct 09, 2010 3:53 pm

I don't know, but I wouldn't sign that thing. Take your business elsewhere and tell them why.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.

User avatar
Mogul of Pineapples
Centurion Member
Centurion Member
 
Posts: 1271
Joined: Sun Jun 01, 2008 11:32 pm
Location: Smogland

Postby Mogul of Pineapples » Wed Oct 20, 2010 8:50 pm

Definitely go elsewhere. They wouldn't do that unless they have something to hide. You know the saying, where there's smoke there's fire.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

Current Cards:
American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
Primary Everyday Card: American Express Blue Cash
Primary Travel Card: Chase Sapphire Preferred

debtstar
 
Posts: 1
Joined: Thu Oct 28, 2010 4:00 am
Location: Nevada

Postby debtstar » Thu Oct 28, 2010 4:05 am

As per my knowledge it would not be sign, it seems to be illegal.

pastakare
 
Posts: 0
Joined: Sat Oct 30, 2010 6:09 am
Location: java

Postby pastakare » Sat Oct 30, 2010 6:20 am

markmark wrote:A company that I do business with faxed me a credit card authorization form. At the bottom it says " I also agree that I will not initiate any dispute on this charge in the future".

I suppose they can ask you to sign anything they want but is it legal to ask someone to sign away their right to dispute before the transaction has even been completed?

markmark


A transaction is said to have been valid if signed by both parties, but for the unilateral case I did not quite understand.

hoingdinger
Green Member
Green Member
 
Posts: 5
Joined: Sat Nov 13, 2010 5:08 am

Postby hoingdinger » Sat Nov 13, 2010 5:34 am

I would never do business with a company like that. ALWAYS STICK TO YOUR GUNS AS A CONSUMER! There are crooks and con artists everywhere and I try to be as defensive as possible. A contract that waives rights of dispute is a clear sign this business is up to no good.

CCG
Centurion Member
Centurion Member
 
Posts: 151
Joined: Thu Apr 17, 2008 6:52 pm
Location: Austin, TX

Postby CCG » Thu Jan 06, 2011 7:03 pm

markmark wrote:I suppose they can ask you to sign anything they want but is it legal to ask someone to sign away their right to dispute before the transaction has even been completed?


Laws vary by state but often it is legal for that practice, despite it being unethical. Please see this article about credit card disputes.

Good luck,
CreditCardGuru

newbie123
 
Posts: 2
Joined: Fri Mar 23, 2012 1:13 pm
Location: California

Postby newbie123 » Fri Mar 23, 2012 2:04 pm

I read the link you supplied. I disputed a credit card charge from US bank credit card and they closed all my accounts and denied my dispute. I thought this is illegal? They said I was a high risk and that was why they closed my accounts. However, I never made a late payment ever. Is there anything I can legally do about this? I thought it was illegal for a credit card company to retaliate and closed accounts simply because I filed a fee dispute.

JCarter
Centurion Member
Centurion Member
 
Posts: 323
Joined: Thu Mar 15, 2012 10:40 pm
Location: Virginia

Postby JCarter » Sat Mar 24, 2012 10:41 pm

markmark wrote:A company that I do business with faxed me a credit card authorization form. At the bottom it says " I also agree that I will not initiate any dispute on this charge in the future".

I suppose they can ask you to sign anything they want but is it legal to ask someone to sign away their right to dispute before the transaction has even been completed?

markmark


That depends, is this business also located in Indiana or is it out of state?

If it is out of state, then federal law comes into play. Is this a service being delivered or a product? That also makes a difference.

Typically credit card companies will ignore such a clause in the authorization form as it violates the merchant agreement signed.



Return to “Credit Card Fraud”

Who is online

Users browsing this forum: No registered users and 0 guests