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A comment on Why are credit card rates so high?. Parent comment

Re:Why are credit card rates so high? by lxgr on Tuesday April 01, 2025 @07:10PM (#43552266)
Debit issuers are obliged to provisionally credit any disputed amount within at most 10 business days after the cardholder reporting a problem.

That's of course still worse than not being out the money on a credit card, but it's not the dealbreaker many make it out to be, and could easily be amended by regulators if there was any interest in doing anything about the drag on the economy that are inflated card payment fees.

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Re:Why are credit card rates so high? by scarface_74 on Tuesday April 01, 2025 @09:07PM (#43552820)
10 days without my money compared to no days without my money?

You mean the same regulators who just rescinded the cap on overdrafts?

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Re:Why are credit card rates so high? by lxgr on Tuesday April 01, 2025 @09:15PM (#43552859)
Definitely worse, as I already acknowledged, but not as bad as people often make it sound.

And yes, regulations alone aren't enough, they also need to be enforced. That goes for both credit (Reg Z) and debit (Reg E), though.

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