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Answered 2014-07-26 23:23:23
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 days if no expected shipping date is mentioned in the agreement). If a merchant says "this item takes 90 days to ship", then they may bill right away and not have a legal problem if they ship before the 90 day window.
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Related Questions
How soon can a credit card charge be made before shipment of product?
This depends on the companies policy, the availability of the product, etc. A company may wait until the charge clears before shipping the product, this can take anywhere from 2 to 14 business days.That is rare, but it has happened. It is best to check the policy of the company in which you are ordering from. It is possible that the company can charge your account even up to two weeks prior to shipping.
How do I jounal the FOB shipping point?
FOB shipping means the purchaser is paying the shipping charges. If you are the seller debit the charge to the buyer and credit the charge to the shipping company.
Is force factor a scam?
Yes they are a scam. They tell you you can have a free trial of their product and all you have to do is cancel before the trial period and they won't ship you anything else or charge your credit card. HOWEVER, they purposefully ship the next non-trial item BEFORE THE TRIAL PERIOD ENDS and they charge your card. And then when you try to cancel they tell you that you must ship the product back to them at your expense or else they will only refund you 60% of the product charge.
How can you buy product from the internet?
Go to a website like wallshops or amazon or even ebay and select a product you like, then enter credit card info and shipping info and you're good to go.
Can you trade in a car that is listed on your credit as charge off?
yes u can my mom has before
Does it affect your credit score if you repay your credit card dues much before your monthly statement is generated?
no, but your finance charge will be lower
How much more can Randy charge to his credit card before he reaches the limit His credit limit is 5000 and he has used 1298.45?
3701.55
What does In DC mean for shipping?
documentary credit
What does an annual fee mean with credit cards?
The annual fee of a credit card is a charge applied once yearly. This charge is the cost of having the credit card. There are many credit cards available that do not charge a fee. The credit cards that do charge a fee often offer rewards, like travel.
What is a sentence for charge?
I will charge the clothes to my credit card.
Can a creditor remove a charge off?
Yes, a creditor can remove a charge off from your account and your credit reports. Credit bureaus can also delete charge offs from your credit report if they are disputed and not verified.
I-tunes charge to credit card?
You can have itunes charge to your credit card or buy a prepaid card either a itunes card or a prepaid credit card ...
What is maximum amount you can charge on a credit is called?
your credit limit
What is the maximum amount you can charge on a credit card?
Credit Limit
How can I stop the charge when I can't recognize that charge in my credit card account?
Contact your bank or credit card company.
How do you get Amazon to ship items to you?
Amazon is an online store. You can create an account by logging onto Amazonand clicking on "new costumer: start here" above the search bar. It will ask you for your credit card information and address. After you complete that form you will get a confirmation and after you confirm, you can begin shopping. Shop for anything and when you find something you like just click on it and then click "add to cart". To checkout and charge your credit card for the products you have placed in your cart, click on "cart" at the top. Review the information and than click "proceed to checkout". It will ask you to confirm your credit card number, shipping address, shipping method/shipping cost, and billing address. When you complete all of the forms, you will receive an email with a confirmation number, in case you have any trouble with your order. All you have to do is wait and your product will ship to your shipping address.
How do charge offs affect your credit?
Charge offs will drastically lower your credit score, just like any negative item similar to collections, judgments, and liens. They will stay on your credit report for 7 years unless removed. The more money owed and the more recent the charge off the more it will lower your credit score. You can remove charge offs by disputing them to the credit bureaus. The credit bureaus have 30 days to verify the charge off or it must be removed from your credit report.
How many points does a charge off take from your credit score?
first it depends what kind of charge off it is. and your credit score is all up to which credit company your checking your credit on .. there is no real answer to that question.
Do you need a credit card to get a 30 day free trial by netflix?
Yes. You have to cancel before the trial ends or they charge you
How long do charge offs stay on your credit report?
Charge offs will stay on your credit report for 3 to 7 years
Can a company charge your credit card without permission?
No, a company can not charge a credit card without permission. This violation should be reported immediately to your credit card company.
How do you remove charge offs credit report?
Dispute them with the credit bureaus.
The maximum amount you can charge on a credit card is called?
Credit Limit
The maximum amount you can charge on a credit card is called the?
credit limit
How does a credit card charge off effect your credit score?
Negatively!
