Just trying to understand this -
Say i order an item from a web retailer (price over £1000) and if they dont deliver within 30 days & as per the credit card guarantee i get to apply for a refund ... against disputed transaction ...
Does that mean the retailer never gets the money??? Or is it that the credit card company insurer gets it from the retailer and the credit card company pays back ??? How does it actually work ?? Any comments? Who finally pays for it ??
Also, since i dont pay by the due date being a dispute does my credit history get affected ? Is there any way to mend it on the credit file?