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  2. How do credit card refunds work? - AOL

    www.aol.com/finance/credit-card-refunds...

    Credit card refunds allow you to get money back for a purchase made with your credit card, usually in the form of a credit to your account. Refunds can take five to 14 business days to process and ...

  3. Best debt relief options for credit card debt - AOL

    www.aol.com/finance/best-debt-relief-options...

    Americans hold approximately $1.12 trillion in credit card debt as of Q4 2024. The average credit card balance in the U.S. was $6,501 as of the third quarter of 2023, a 10 percent year-over-year ...

  4. Best debt relief companies for credit card debt 2024 - AOL

    www.aol.com/finance/best-debt-relief-companies...

    In 2024, credit card debt accounted for 6.36% of all United States household debt, up from 5.8% in 2020. Credit card balances surged during the pandemic and, by the end of 2022, Alaska led the ...

  5. Overpayment scam - Wikipedia

    en.wikipedia.org/wiki/Overpayment_scam

    An overpayment scam, also known as a refund scam, is a type of confidence trick designed to prey upon victims' good faith. In the most basic form, an overpayment scam consists of a scammer claiming, falsely, to have sent a victim an excess amount of money.

  6. Best debt relief options for credit card debt - AOL

    www.aol.com/finance/best-debt-relief-options...

    The average credit card balance in the U.S. was $6,501 as of the third quarter of 2023, a 10% increase year over year. The national average credit utilization ratio stands at 29%.

  7. Debt buyer (United States) - Wikipedia

    en.wikipedia.org/wiki/Debt_buyer_(United_States)

    In other words, the 2005 bankruptcy reforms profited credit card companies" and "increased the costs and decreased the benefits of bankruptcy to consumers". [17] By 2007, the use of Chapter 11 as a debtor relief vehicle had eroded. [16] By 2005 debt buyers had purchased approximately $110 billion in face value of delinquent debts in 2005. [12]

  8. Payment card interchange fee and merchant discount antitrust ...

    en.wikipedia.org/wiki/Payment_Card_Interchange...

    In March 2024, a settlement in the injunctive relief portion of the payment card interchange fee case was announced to reduce what are known as "swipe fees" for merchants in the U.S. This change, set to last five years, was expected to save retailers about $30 billion and mark the end of a long-standing legal battle over antitrust issues ...

  9. How to get debt relief - AOL

    www.aol.com/finance/where-debt-relief-help...

    Many credit card issuers offer balance transfer credit cards. Check with institutions where you already have accounts to see if you can land a good deal. Getting debt relief through debt settlement