How long can a company hold your money before refunding?
So what is the time limit a company has to give you your money back? You’ve guessed it—it depends. You usually have to demand a refund between 30 and 60 days, and a chargeback even up to 120 days with some credit cards.
Why does it take 7 10 days for a refund?
When you return an item to a merchant in person or online, your refund will be processed by the merchant and sent back to your card. These can take 7-10 business days to appear back in your Current account, depending on how fast the merchant processes them.
How long does it take to get a tax refund?
What to Expect for Refunds in 2019. The IRS issues more than 9 out of 10 refunds in less than 21 days. However, it’s possible your tax return may require additional review and take longer.
How long should you wait for an order or refund?
Whoever said “better late than never” probably never ordered something online and waited weeks – even months – for the product to arrive. And naturally, the consumer’s credit card was charged the day the order was placed.
Why is there a delay in getting my tax refund?
Reason for Tax Refund Delay: Mistakes on Your Return. If you file an incomplete return or if you have any mistakes on your tax return, the IRS will spend longer processing your return. This will slow down any potential refund. Mistakes could include mathematical errors or incorrect personal information.
How long do you have to wait for a refund on a negative option?
The rule does not define “prompt,” but most reasonable people would probably agree it’s not four months. Mark Huffman has been a consumer news reporter for ConsumerAffairs since 2004. He covers real estate, gas prices and the economy and has reported extensively on negative-option sales.
What to Expect for Refunds in 2019. The IRS issues more than 9 out of 10 refunds in less than 21 days. However, it’s possible your tax return may require additional review and take longer.
Whoever said “better late than never” probably never ordered something online and waited weeks – even months – for the product to arrive. And naturally, the consumer’s credit card was charged the day the order was placed.
When do you have to refund money to a customer?
“If the customer doesn’t give you his okay, you must promptly refund all the money the customer paid you without being asked by the customer,” the Rule states. The rule does not define “prompt,” but most reasonable people would probably agree it’s not four months.
The rule does not define “prompt,” but most reasonable people would probably agree it’s not four months. Mark Huffman has been a consumer news reporter for ConsumerAffairs since 2004. He covers real estate, gas prices and the economy and has reported extensively on negative-option sales.