Αποτελέσματα Αναζήτησης
– Any application to open a credit card account for any person under an open-end credit plan or a solicitation to open such an account, either by mail, telephone or other means, shall disclose in writing or orally, as the case may be, the following information:
Indubitably, credit and debit cards are access devices covered by RA 8484. The law prohibits what is called “device fraud,” such as producing, using, trafficking in one or more counterfeit access devices; using, with intent to defraud, an unauthorized access device; using an access device fraudulently applied for; possessing one or more ...
4 Απρ 2024 · Immediately report the incident to the issuing company (e.g., your bank or credit card issuer) and file a report with the police or other appropriate law enforcement agencies. Can businesses be held liable under RA 8484?
11 Φεβ 2021 · Credit Card Application and Solicitation. – Any application to open a credit card account for any person under an open-end credit plan or a solicitation to open such an account, either by mail, telephone or other means, shall disclose in writing or orally, as the case may be, the following information: Annual Percentage Rate
7 Οκτ 2024 · RA 8484 is a law that is often misunderstood and misapplied, particularly by creditors seeking to collect unpaid debts. While it is a powerful tool for combating fraud involving access devices, it does not criminalize the mere inability to pay a loan.
26 Οκτ 2007 · It is Republic Act No. 8484, which is an act regulating the issuance and use of access devices and prohibiting the fraudulent acts committed relative thereto, among others. By enacting this legislation, the State recognizes the recent advances in technology and the widespread use of access devices in commercial transactions.
This document is the text of Republic Act No. 8484, which was passed on February 11, 1998 to regulate the issuance and use of access devices like credit cards and debit cards. The law requires full disclosure of annual fees, interest rates, penalties and other charges associated with credit cards.
