Credit Card Questions & Answers

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Can I get a refund on my holiday if the company goes bust and I paid by credit card?

If you pay for a holiday by credit card and the company goes bust can you claim your money back?
Karen, via email

Justin Schamotta

Senior Staff Writer

20 August 2010

Flights booked using a credit card directly with an airline may be protected under the consumer credit act and holidays bought as part of a package deal and then paid for in a single credit card transaction are protected under the Air Travel Organisers' Licensing scheme (ATOL). Read our full answer �

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