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The amount of the claim or defense that the cardholder may assert shall not exceed the amount of credit

Claims or defenses under § 1026.12(c) and billing error disputes under § 1026.13.

Assume also that $200 of the cash advance balance is subject to a claim or defense under § 1026.12

(B) The amount of credit extended to obtain the property or services that result in the assertion of

$1,300 of the excess payment to pay in full the $300 cash advance balance that is not subject to the claim

holder in due course” provision deals with the consumer's right to assert against the card issuer a claim

the order of entry to the account; and then to any debits other than the transaction subject to the claim

Page last modified Dec. 28, 2022 @ 01:33 PM EST