D.Only if you don't notice the charge.
Answer: B. Credit-card companies can charge a fee on zero percent checks. Look closely at the fine print before using these checks. They usually have fees similar to balance transfers, usually between 3 percent and 5 percent.
4.Can a merchant add a checkout fee or any type of payment-card surcharge in Connecticut?
A.Not in this state!
B.Only for gasoline sales.
C.Yes, but it rarely happens because merchants are afraid of losing customers.
D.Only in West Hartford.
Answer: A. Connecticut is one of 10 states that does not allow these fees. (The others are California, Colorado, Florida, Kansas, Maine, Massachusetts, New York, Oklahoma and Texas.) Some gas stations charge a higher price than the cash price for gasoline purchases. It's not quite the same thing, but it gets consumers just as mad.
5.I closed my account but the credit card company keeps charging me interest. Is this legal?
A.Not in this country!
B.Yes, but only if you still had a balance when you closed the account.
C.No, an account with a balance cannot be closed.
D.It depends on the credit-card company.
Answer: B. You must still pay at least the minimum amount due each month on any remaining balance, even if the account is closed.
6. I discovered a small crack in a $2,000 diamond ring I bought on a recent Caribbean vacation. The jeweler says it was sold "as is," but I returned it and disputed the charge. Now the credit-card company has reduced my available credit by that $2,000. Is that legal?
A. Not in this country!
B. It depends on the regulations in country where the ring was purchased.
C. Yes, the amount of any disputed charge can be deducted from your available credit during the investigation.
D. Yes, but only on purchases greater than $1,000.
Answer: C. Yes, the amount of any disputed charge can be deducted from your available credit during the investigation.
How much did Discover Bank agree to refund this week after an investigation into deceptive telemarketing by the Consumer Financial Protection Bureau and the Federal Deposit Insurance Corporation? The agencies said Discover misled consumers about identity theft protection, credit score tracking and other products it sold.
A.5 percent of all charges in the past year.
Answer: D. Discover also agreed to pay a $14 million penalty that will be split between the CFPB and the FDIC.