this post was submitted on 28 Jun 2024
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AssholeDesign
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This is a community for designs specifically crafted to make the experience worse for the user. This can be due to greed, apathy, laziness or just downright scumbaggery.
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They may cancel your credit card or refuse to open new ones for you, but they can't refuse to charge back transactions you dispute.
How can that comply with federal law that customers are not liable for fraudulent purchases on credit cards?
I would imagine that it's exactly because of the word you used. Fraud.
If someone is going on a chargback spree it's going to look fraudulent from the customers end. So their would likely need to be some kind of evidence or back and forth with the credit card company. Since they are now the middle man taking money from companies and putting it back in a lowly plebs pocket.
Fortunately there's THOUSANDS of banks and Credit unions.
Sounds like a job for antitrust law.
Man you are really sucking the financial industry dick
You get a kickback for defending big banks?
Don't shoot the messenger. They're telling you how it works (and they're right btw), that doesn't mean they like it, much less that it's their fault.