Is it legal for a restaurant to charge a 50 cent surcharge for using a credit card?
Quite a few restaurants charge a minimal fee for CC use. It isn't a matter of "legality". Just the way a place chooses to offset the accounting expenses. No it is not legal to surcharge 50 cents or any amount on a credit card, but yes it is legal to surcharge on a debit/check/atm card any amount. A situation has been going on where people are complaining about being surcharged on there debit cards. First of all some of these people are ignorant because they do not understand the difference between a credit card and a debit card and when there card is processed as debit they get upset arguing to run there debit card as credit. There debit card will never be a credit card, the money that gets authorized for a transaction on there card is debited out of there checking or savings account. Credit obviously is the money that a financial institution is authorizing you to borrow and if you do not return that money before the billing cycle you have to pay interest. Also, there are people that ignore the rates that a restaurant pay on each credit or debit transaction and sometimes the restaurants or mom and pop stores lose when someone buys a chocolate bar or a soda using there credit or debit card. The surcharge or convenience fee that the drive throughs charge helps maintain the low prices of the food due to what the mrchant pays for credit or debit card processing. Some of these places pay up to $1,500.00 a month on credit card processing. Bottom line, yes it is legal to surcharge $.50 or more on debit/check/atm card transactions. I have paid $.99 at a taco bell and $.75 at McDonalds. $.50 is quite decent.
It is legal in all states except the following: California Colorado Connecticut Florida Kansas Maine Massachusetts New York Oklahoma Texas. However, Visa and Mastercard merchant agreements strictly prohibit merchants from charging an additional fee. American Express "discourages" charging additional fees. It is legal, however, to provide rebates for paying in cash rather than credit -- a loophole to the additional credit card surcharge issue.
Is it legal in the state of Pennsylvania for a private club to charge a convenience fee on a credit card charge?
I work in a restaurant located in phoenixs area They take 5 dollar from every pay check to cover possible accidents with plates and glasses this restaurant charge us even for all mistkes.is this legal?
This is NOT LEGAL! They can not make you pay for ANYTHING (not even if a guest walks out on a check) Read the labor laws in your state - print it out and bring it to your boss. They absolutely can not charge you for anything - especially if they are taking $5.00 every pay check.... what if you DIDNT break anything? they are robbing you. It is bad enough that some restaurants take…
You had a credit card which went in to collections in 2002 and was sold to another company - originally your debt was 2000 but now it is 5500 - Is this legal?
A charge can refer to the following : Magnetic State An atom or object can have a magnetic charge, either positive or negative, based on its structure or ionic alignment. Legal Accusation One may be charged, or legally accused, of an offense. Cavalry Attack Mounted soldiers or warriors moving forward against an opponent are engaged in a charge. Credit Activity The use of a credit card places a receivable debit, or charge, against an account.
Yes; the credit card companies charge the merchants in order to receive payments from them. In some cases (usually at small businesses or ones that do not do a lot of business monthly) the merchants can charge a small fee associated with using the credit card, or set a minimum amount to avoid the fee i.e. any purchase under $5 gets charged a fee, anything above that amount doesn't.
It is technically legal, but it isn't good business!! Most companies only charge when they ship. It is against VISA and MasterCard's regulations for a merchant to bill their cards prior to shipping. Contrary to what some sources indicate, the Fair Credit Billing Act does not address if it is legal for a company to charge you before shipping the product. Instead, it makes it illegal to not ship within advertised time period (or 30…
Well, your damages are only equal to the amount of the overcharge. You can probably take care of the error by filing a dispute for the amount of the overcharge directly with your credit card company. It is unlikely that you have grounds for a lawsuit. The legal costs would be greater than the overcharge.
== == A NY District Attorney argued mandatory tipping was not legal after a man was arrested for not leaving a full 18% tip that was stated as being mandatory (he tipped 10% due to bad food). The courts agreed and the charges were dropped. http://www.nytimes.com/2004/09/15/nyregion/15tipper.html?_r=1&oref=slogin
Is it legal for a credit card to charge overlimit fees on an account when the overlimit was caused by late fees and interest and not charges?
Yes. It's called a convenience fee. Retailers that accept credit cards themselves incur either a charge for each card transaction or they pay a flat amount for unlimited transactions. It's an operating cost that is perfectly legal to divide and distribute among those who utilize the service. Manufacturers and retailers also frequently pass operating costs and other various expenses onto the consumer, but they are hidden in the price. With credit cards, it's nearly impossible…
No, car rental companies do not have the legal right to check your credit without your explicit "written" consent. They can only charge to your credit card. They also have no right to do a background check. That said, many car rental companies will provide you with a form for you to sign, giving them written consent to check your credit history, especially if you are not from the agency's local area.
Is it legal for a company to charge a credit card that they have on file for a previous purchase without the users permission and for something the user never intended?
Obviously not. In this situation a credit card owner should contact the relevant credit card company and ask to be connected to the fraud department in order to explain the situation. However, it may be that the user signed a contract with a company for a monthly charge for a service which is no longer used and the user has forgotten; in this case, the user needs to cancel his/her arrangement.
Any legal item that is shown in the public records portion of your credit report is a significant derogatory. That having been said; your credit rating and credit score takes into consideration ALL the factors showing. So it depends on what your definition of "worse" is. I have clients 2-3 years out of bankruptcy with higher credit scores that clients with pages of clean accounts that have recent late payments.
If your credit card account was charged off in 2002 but the credit bureaus are reporting a last reported date of 2005 is this legal and can it be corrected?
Creditors can and often will update negative information. It is my understanding that they have the right to do so. If there is no activity from the creditor for seven years, the charge off will drop off your credit report. Also, charge off's need to be paid if you want to get good credit. You often can make a settlement with the creditor. Start by offering half of the amount owed. The "date last reported"…
Is it legal for a reception hall to charge a 3 percent additional fee if we put the balance of our payment on a credit card if we use Visa or Mastercard and 5 percent Amex?
Only for the portion that you have put on the cards and only if it is their policy to do so on every credit card transaction. They cannot discriminate on a single transaction based on their whim. Credit card companies charge a certain percentage that some service providers pass over to their customers should their customers elect to use a credit card. They only have to pay the percentage for the amount that is charged…
I would love to know the answer to this, because that's exactly what my work does to me, plus tip out. I don't mind tip out but 2 dollars every shift seems rather high. It is not legal to charge a breakage fee...falls under the "faulty workmanship" part of the labour law act. It is highly illegal and you can be refunded. It is also still illegal if it is in writing.
Cash is an acceptable form of compensation to pay all debts, public or private, "legal tender". Credit is only an equivalent. Merchants charge higher prices for credit in order to defray some of the costs associated with accepting credit cards. A merchant (grocery store, shoe store, etc.) decides independently if they will accept credit cards as a form of payment for goods and services rendered. Once a merchant makes this decision, he/she must then pay…