One Weird Trick to Get Your Credit Card Charge Reversed? Fraud. | Everybody's Business
Community Score: 50% | 338 views | 6d
0 community ratings: null thumbs up, null thumbs down
Bloomberg’s daily news podcast Big Take recently released an episode about the increasing amount of credit card disputes in the US, and how the phenomena of “friendly fraud” plays a part in that rise. Please enjoy, and hop on over to subscribe to their feed if you like what you hear! ——————— American consumers disputed nearly 30% more credit card transactions in 2025 than they did just four years earlier. Some of those “chargebacks” are legitimate issues or outright scams. But increasingly, many are what Bloomberg Businessweek reporter Amanda Mull says is friendly fraud — transaction disputes that aren’t completely honest or the retailer’s fault. On today’s Big Take podcast, Mull joins host Sarah Holder to discuss the sharp rise in chargebacks, and the consequences of this trend for retailers, banks and consumers. Read more: Credit Card Holders Are Using ‘Friendly Fraud’ to Get Back at Retailers (https://www.bloomberg.com/news/articles/2026-07-13/credit-card-holders-are-using-friendly-
Tags: Business, Business News, News, business, finance, investing, markets, news, podcast
More from Bloomberg Podcasts
- Follow the Money All the Way to Carney's Canada — Score: 50%
- Daybreak Weekend: US CPI, Europe Energy, RBA Decision | Bloomberg Daybreak: Europe Edition — Score: 50%
- Bloomberg Money: Credit Card Indicators and Golf's Changing Fanbase | Bloomberg Intelligence — Score: 50%
- We hear you! | Bloomberg Hot Pursuit! — Score: 50%
- Bloomberg Businessweek Weekend - August 7th, 2026 | Bloomberg Businessweek — Score: 50%
- Team Favorite: AI-Era Internet, Spaceport Investment, Bolivia’s Investability | Wall Street Week — Score: 50%