Claims and defenses rule

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C

Claims and defenses rule

Definition

A provision of the Truth-in-Lending Act, 15 U.S.C. § 1666i, that allows cardholders to assert claims and defenses (other than tort claims) that arise out of a transaction in which the card is used against the issuer of the card.

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— Citibank (South Dakota) v. Mincks

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