Originally Posted by
k374
chargebacks can be sent to collections and it can ruin your credit - chargebacks have no legal basis, i.e. it's just the credit card company agreeing with you. However a legal judgement cannot be disputed and even if somehow it gets to your credit report it can be immediately removed with evidence of the judgement.
How would a chargeback show up on your credit report? I'm guessing that is a very US-centric thing where everything shows up on your credit report. The only way I could imagine it would show up is if you disputed a transaction, in the meantime used the temporary credit, chargeback declined and you're suddenly over your limit and can't pay it back (or just can't pay it back in general). NZ doesn't have the same level of detail on our credit reports as the US and it would only show up if you missed a payment - but happy to be corrected on this.