CHARLOTTE, N.C. — Checking your credit charges is one way to know where your money is going and to see if there are any unfamiliar charges.
A new study from Lending Tree says nearly half of credit card holders are disputing a claim. But do people actually get money back?
Lending Tree's findings reveal 96% who do dispute claims are successful in getting those claims resolved.
However, Lending Tree found about 17% are filing fraudulent disputes, with some lying about a claim on a legitimate charge.
Filing a claim might be extra work, but the Lending Tree survey found that most people say it's worth it, with over 90% getting it resolved within a month and 84% having them resolved in their favor.
In addition, Lending Tree points out that ignorance isn't always bliss -- only 44% of cardholders review their credit card statements monthly for unauthorized charges.
The sooner you reach out to your credit card company, the sooner you can get it resolved.
Contact Jane Monreal at jmonreal@wcnc.com and follow her on Facebook, X and Instagram.