Section 75 Finance Agreement

If you buy your credit card, you will have more than $100 and no more than $30,000, and you will have protection in accordance with Section 75. However, if you have purchased two items that together cost more than 100 euros, but less than 100 euros each, you are not covered. Suppose, for example, that you bought two pairs of shoes that cost $60 each. Although the total cost is $120, since each item costs less than $100, you can`t use Section 75. This also applies to items with a delivery fee – if the item you bought costs 96 euros but there was a delivery fee of 5 USD, you would not be protected. Since the Consumer Credit Act was written in 1974 as a purchase and sale was probably much easier (for example. B not the Internet), there is a degree of subjectivity when claiming section 75. If your purchase is not covered ATOL/ABTA or if you have an additional fee due to Flybe`s entry into the administration, you can contact your bank or credit provider to see if you can claim a section 75 or a refund. Our following information provides more information on how we can help you if you are not satisfied with the response from your bank or credit provider. In addition to credit cards, you can also use section 75 on store cards and storage rate credit systems, as well as some auto financing agreements (excluding rental). There is no legal time limit for your card provider to resolve a Section 75 claim, although it is reasonable to expect a maximum of 28 days. I`m afraid I don`t! Section 75 only applies to credit contracts, i.e. credit cards, store cards or memory credits.

If you have used your debit card, you may be able to continue cancelling the transaction with a return booking. If you used a Mastercard for a purchase, there is a minimum of $10, but there are no minimum expenses with Visa or American Express. This makes the return booking useful if you buy something for less than £100 since section 75 doesn`t cover you. As in section 75, if you use a debit card to make a purchase with PayPal, it is unlikely that you will be able to claim by booking. All purchases you make on your credit card abroad will continue to be covered by Section 75, provided they cost more than $100.