Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Billing Error Billing Error November 9, 2021 Any mistake in your monthly statement as defined by the Fair Credit Billing Act.You Might Also Like: All Things CommunityReviewing Random Acts of Kindness 2023 Everyday MoneyWhat are ACH Payments and How Do They Work? Family MattersFun Games to Teach Kids About Money Everyday MoneyWhat is the Difference Between a Credit Card and a Debit Card? Family MattersBudget Friendly Easter Basket Ideas