Reply to comment

Chargebacks could result in loss of credit

Tue, 12/02/2008 - 16:54 — Guest
One chargeback fine but a trend these days could result in credit lines being reduced or cards cut off. Credit card companies are looking for every excuse in the book to weed out bad customers. My friend works at American Express and depending on the card they are cutting half their customers spending at a certain point even though there's no set limits on Amex. He said one of the big red flags the card companies like Amex are looking for are persistent chargebacks. I loved this article like so many that appear on this website. Loyal reader for two plus years now. Keep up the great work guys.

Reply

  • Allowed HTML tags: <b>

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
1 + 8 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.