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A dispute can be initiated by the cardholder when he receives his statement and rejects one or more items on it or when an issuing financial institution disputes a transaction for a technical reason (usually at the behest of the cardholder or if his account is overdrawn). A technical reason could be the wrong or no signature, wrong or no date, important details missing in the sales vouchers and so on...
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A technical reason could be the wrong or no signature, wrong or no date, important details missing in the sales vouchers and so on. Despite the warnings carried on many a sales voucher ("No Refund ? No Cancellation") both refunds and cancellations are daily occurrences.
To be considered a chargeback, the card issuer must initiate a well-defined dispute procedure...
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General points of the essay
Citibank: Launching the Credit Card
Credit Card Debt
Credit Card Ethics
Credit Card and it's effect.
The commoditization in the credit card industry
Unethical Credit Card Practices
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Alice In Credit Card Land
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Getting Out and Staying Out of Credit Card Debt
The statement of financial performance is based on data relating to past transactions and events. Hence the statement of financial performance is of no use to an investor’s decision making process.
Who Can Stop Credit Card Abuse
Credit Card Addiction
credit card secrets
Generally Courts And Alternative Dispute Resolution Bodies Resolve Legal Disputes In A Just Manner
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