The Mudcat Café TM
Thread #40981   Message #592334
Posted By: Terry K
14-Nov-01 - 08:35 AM
Thread Name: BS: credit cards
Subject: RE: BS: credit cards
Unless I've not read carefully enough, no-one has mentioned one of the biggest single advantages of credit cards.

It is simply that the credit card company is in partnership with the retailer, hence has joint and several liability. Thus if anything goes wrong with the transaction (e.g. faulty goods/retailer gone bankrupt) the card company has to take over the responsibility. It's the safest way to shop.

Cheers, Terry