Credit and Debit Cards

What is the Florida law concerning items purchased using store issued credit cards?


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2010-10-19 22:09:58
2010-10-19 22:09:58

Florida has no law concerning items purchased using store-issued credit cards.

In the eyes of the law, a store credit card is no different than a regular credit card if the card provides a mechanism to pay over time (i.e., longer than one month) and there is a credit limit associated with the card.

Florida does not have a specific law concerning goods purchased with a credit card; rather, Florida sets guidelines as to the pricing of the cards (e.g., maximum interest rate, fees charged).


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