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Why You Should Always Keep Your Receipts - NOBODY TELLS YOU THIS!

28 Dec 2023 · 1 min

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A lawyer explains why keeping credit card receipts matters: stores that print more than the last four digits or your expiration date violate federal law and can be liable for up to $1,000 per receipt plus your attorney fees.

Questions this video answers

The Fair and Accurate Credit Transactions Act (FACTA).

Printing anything more than the last four digits of the credit card number or printing the card expiration date.

Up to $1,000 per receipt.

The store would also be responsible to pay the consumer's attorney's fees.

Chapters

Keep your credit card receipts because they could be worth a lot of money. My name is. I'm a lawyer. And these are rights you didn't know you had. If you use a credit card at a store and the receipt that they issued has anything more than the last four digits of your credit card number or they printed the expiration date, they are in violation of a law called facto. The Fair and Accurate Credit Transactions Act. Yeah. The store issuing the receipt could be liable to you for up to $1,000 for every receipt that they printed with that information. And they would also be responsible to pay your attorney's fees. That's right, too. Just keep your receipts, but also read them.