Credit balances.
Credit balances. When a credit balance in excess of $1 is created on a credit account (through transmittal of funds to a creditor in excess of the total balance due on an account, through rebates of unearned finance charges or insurance premiums, or through amounts otherwise owed to or held for the benefit of the consumer), the creditor shall
(2) Refund any part of the remaining credit balance within seven business days from receipt of a written request from the consumer;