Legal Question in Banking Law in

what is the legal validity for credit cards issued by the bank


Asked on 7/23/10, 6:32 am

1 Answer from Attorneys
J. Radhakrishnan independent Practice

The legal validity is that the Bank thru the card, represents that it would be liable to avail you credit to the extent agreed in the letter issuing you the card and subject to your complying with the terms and conditions as to payment.

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Answered on 7/23/10, 7:05 pm


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