Αποτελέσματα Αναζήτησης
(p) without the authorization of the credit card system member or its agent, causing or arranging for another person to present to the member or its agent, for payment, one or more evidence or records of transactions made by credit card.
In the final analysis, the law basically seeks to address the issue of fraud in the issuance and use of access devices, especially credit cards. Fraud may be committed by the issuer by making false or vague information in the application or solicitation to open credit card accounts.
4 Απρ 2024 · How does RA 8484 protect consumers from credit card fraud? By criminalizing fraudulent activities related to access devices, RA 8484 deters such crimes and provides mechanisms for the prosecution of offenders, thus protecting consumers.
16 Οκτ 2024 · The penalties under RA 8484 are focused on intentional acts of fraud. For example, using a stolen credit card to make purchases or providing false information to obtain a credit card can lead to severe criminal penalties, including imprisonment and fines.
11 Φεβ 2021 · – 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:
Republic Act No. 8484 (“RA 8484”) otherwise known as “ AN ACT REGULATING THE ISSUANCE AND USE OF ACCESS DEVICES, PROHIBITING FRAUDULENT ACTS COMMITTED RELATIVE THERETO, PROVIDING PENALTIES AND FOR OTHER PURPOSES ” punishes a person who uses an access device, particularly a credit card, without the authority of its owner.
4 Σεπ 2024 · The key provision in RA 8484 deals with fraudulent activities. If the credit card holder is involved in actions such as using a credit card with intent to defraud the issuer, providing false information to obtain credit, or using a stolen credit card, then these acts could lead to criminal charges. In such cases, penalties under RA 8484 may apply.
