what kinds of credit does the fair credit billing act not cover 
the fair credit billing act applies only to open end credit the kind that a consumer can borrow from repeatedly examples include credit cards charge cards and home equity lines of credit it does not apply to closed end credit such as auto loans mortgages and home equity loans consumers who wish to dispute a charge involving closed end credit are covered by other laws for example the real estate settlement procedures act respa governs disputes between borrowers and their mortgage companies or loan servicers 3