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The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...
Song-Beverly Credit Card Act. The Song-Beverly Credit Card Act of California was passed in 1971 to protect consumer information in credit card transactions. Under the act, companies may not collect personally identifiable information from consumers who purchase goods or services using credit cards.
When a business charges a fee for a form of payment, whether in person, online or by phone, it’s called a surcharge. Credit card surcharges are applied when you use your credit card to make a ...
The Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009 is a federal statute passed by the United States Congress and signed by U.S. President Barack Obama on May 22, 2009. It is a comprehensive credit card reform legislation that aims "to establish fair and transparent practices relating to the extension of credit under ...
Alexis Keenan. January 4, 2023 at 2:38 PM. Courts are back in session and already addressing some of the most consequential business law issues anticipated this year — from the potential ...
A business line of credit (LOC) can provide financing for larger business expenses but could be more difficult to qualify for than a business credit card. An LOC offers financing for a defined ...
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