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0 pointsblibble8mo ago0 comments

what power imbalance?

obviously if you give them cash deposit there's not much you can do, but with a credit card you can easily dispute the transaction

I always pay my bills in full and on time, but if a merchant tries giving me the run around I will simply dispute the transaction and then the pain moves entirely to them

with a credit card the power imbalance is entirely in the consumer's favour

0 comments

account428mo ago

This is the theory but in practice vendors can an often do retaliate by refusing to do business with you until you pay up - and since competition is barely existing in many instances that's going to be much more pain for the consumer than a credit card dispute is for the vendor.

j / k navigate · click thread line to collapse

0 pointsblibble8mo ago0 comments

what power imbalance?

obviously if you give them cash deposit there's not much you can do, but with a credit card you can easily dispute the transaction

I always pay my bills in full and on time, but if a merchant tries giving me the run around I will simply dispute the transaction and then the pain moves entirely to them

with a credit card the power imbalance is entirely in the consumer's favour

0 comments

account428mo ago

j / k navigate · click thread line to collapse