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When I pay with a credit card I get a couple of things: 1) Item not delivered / broken / service not what I ordered => dispute. 2) Shop hacked and 2 months la
by WirelessGigabit 3y ago
When I pay with a credit card I get a couple of things:
1) Item not delivered / broken / service not what I ordered => dispute.
2) Shop hacked and 2 months later charges my credit card $20,000? The charge hits and I dispute it, but the money is not gone out of my account. Can you imagine them hitting my debit account?
- jtbayly 3y agoI can. I’ve had it happen. That’s why I don’t use debit cards anymore. The fees “I” racked up were terrible because of bounced checks missed CC payments and so forth.
- hakfoo 3y agoI wonder if to an extent, the US tendency to use credit card "protections" is an outsourcing of consumer-protection law. Some countries, I gather that the consumer-protection authorities have a lot of teeth, and they're a viable way to escalate on a lot of bad behaviour (denying return of defective goods, or refusing to honour warranty). In the US, I don't think this is as common-- you might be able to raise an issue with your state Attorney General, and in 2029 he'll get to it-- so the magic word is "chargeback" to get a response.