If these forms are not stored securely or are accessible to unauthorized individuals, it increases the likelihood of credit card fraud or data breaches. Transmission of Information: Transmitting paper forms with credit card details via fax, mail, or email is not secure.
A credit card agreement is defined as the written document or documents evidencing the terms of the legal obligation, or the prospective legal obligation, between a card issuer and a consumer for a credit card account under an open-end (not home-secured) consumer credit plan.
Already have a ® credit card? Log in to Online Banking and request a copy of your Credit Card Agreement. If you still have questions, contact one of our associates at 800.932. 2775.
If you are looking for information specific to your account, contact the bank or institution that issued your card. By law, the issuer must make your agreement available to you upon request.
Credit Cards as Liabilities The balance owed on a credit card can be treated either as a negative asset, known as a “contra” asset, or as a liability. In this article we'll explore the optional method of using liability accounts, however, there are several advantages to using the Contra Asset Approach.
Even if your issuer uses the Consumer Financial Protection Bureau's definitions of credit card terms, you are not entering a contract with the CFPB. Your credit card contract is between you and your issuer.
If you are looking for information specific to your account, contact the bank or institution that issued your card. By law, the issuer must make your agreement available to you upon request. If you are having trouble getting your agreement, let us know by submitting a complaint.
Even if your issuer uses the Consumer Financial Protection Bureau's definitions of credit card terms, you are not entering a contract with the CFPB. Your credit card contract is between you and your issuer.