i was loaning a friend money multiple times via cc over the last couple of years in amounts i knew i had covered if there was ever an issue, he always paid me me back but most recently skipped town and is defaulting obviusly and i have now heard multiple people are owed money
so i have the money to cover it, i was just wondering if anyone has looked into the legal aspect of disputing the CC charges from the most recent loan which is spread on a couple of cards
i wanted to add a few more details to this, a person who i thought was one of my closest friends asked me if he could borrow some money, it was not a points farm or cc sighnup or anything this was someone who was a friend for years and years
he said he had some jobs lined up in his field of work and needed the money to tie him over until he could finish those and pay me back
as mentioned over the last several years i had helped him out a couple of times and was always paid back pretty close to on time
what i did not realize was this time he went to several other people a couple of months back and asked for the same thing and many other like myself considered him a friend and lent him as well
we then found out this week about 10 days before the loan was due to be paid back that he left town, without letting his family or anyone know until he was gone, which is when i found out that several other people had lent him money, many of which were many times the amount i had lent
as per advice form here and several other people i never lent more then i was prepared to lose which i will if i have to, i was just wondering if anyone had any experience since the transactions were done on a credit card is there any way to legally due a chargeback or should i just eat the loss