Credit cards are a great tool to help you maximize rewards and make the most out of your everyday expenses. But don’t expect to get your credit card statements back in one handy travel report.
Here’s how it works.
The credit card issuer will report the credit card account to the four major credit reporting agencies – Experian, Equifax, TransUnion and Experian. They will then report the information to the major credit bureaus – TransUnion, Experian and Equifax. All that’s left is for the four credit reporting agencies to collate the information and make a summary available to the public.
The credit card company may send you periodic reports with any account activity that has been confirmed by you or your credit card issuer. The reports are useful for information on your credit profile. But it’s up to you to request a review if you believe that you are being treated unfairly. If you’ve received repeated reports from a credit reporting agency, you may be able to get a free copy of your credit report from each agency.
For other businesses, what can you do? You may want to explore options for your online or in-store disclosures – at least until you are able to send your free credit report to each major credit reporting agency and you find out for sure what data is being collected and sold to the various third parties.
You may also want to explore options for a company dedicated to business finance, such as FeeFax (free, web-based tool).
CUSTOMER FAX MONEY BACK GUARANTEE
If you are not satisfied with your first credit card statement, or if you receive several in a row with no mention of a charge for an amount in excess of the purchase, please allow 24 hours for your response. If you do not see your credit card statement or phone in 24 hours, please notify us immediately by phoning our toll-free number.
Your card issuer is obligated by law to pay you the full amount for any statement exceeding your limit. The liability extends to the original purchaser. It is for your protection to keep these situations from occurring. If you are not satisfied with the outcome of the dispute you received, please contact us by phone at (877) 338-9275 or e-mailing us at info@debitfaxonline.com.
Under certain conditions, if you or the card issuer believes a transaction was made from your account, you may file a chargeback complaint against the original creditor, the card issuer, and/or the payment network. If you or the card issuer believes a transaction was made from your account, please contact us by phone at (877) 338-9275 or e-mailing us at info@debitfaxonline.com.
