What is a key feature of the Fair Credit Billing Act?

The Fair Credit Billing Act (FCBA) primarily aims to protect consumers from unfair billing practices and to provide a mechanism for addressing errors on credit card bills. A key feature of the Act is that it provides specific guidelines for consumers to dispute charges that they believe are incorrect or unauthorized. It outlines the process for consumers to submit disputes to their credit card issuer, allowing them to address billing errors without immediate payment while the dispute is being investigated. This helps ensure accountability and protects consumers from being held liable for charges that they did not authorize or that were incorrectly billed.

The other options do not accurately reflect the main purpose of the FCBA. While interest rates, advertisements, and debt limits are factors in consumer credit, they fall under the jurisdiction of other regulations or laws rather than the specific provisions of the Fair Credit Billing Act. Therefore, the focus of the FCBA on dispute resolution makes option B the correct choice.