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hold on to your cash?

Started by robomont, January 20, 2014, 08:27:31 AM

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zorgon

Quote from: Gigas on January 24, 2014, 11:24:17 PM
so money in and money out does not cripple the main account when there's a complaint by a customer where paypal locks the paypal attached account till they end their investigation

I just leave a float at Paypal. At the beginning when I was broke and starting out, it WAS a little frustrating... but now I simply use the standard 14 day no questions asked return policy. Buyer pays return shipping. Both Ebay and Paypal abide by that so does Etsy (Paypal is owned by Ebay anyway)   So I leave a couple hundred dollars as float in paypal so any charge backs will come out of that

Amazon is cool... they do NOT let people return items because they changed their minds and they also allow a 20% restocking fee

ArMaP

Quote from: zorgon on January 25, 2014, 02:39:50 AM
So you have effectively doubled your money :D  Takes about 20 minutes
What about those "48 months" you talked about?

go2toa

Quote from: robomont on January 24, 2014, 11:38:06 PM
I agree with all you said gigas.
Its really that bad.the public doesnt understand this.


Check free is pro when it comes  to games.  Their scam is so big I considered  making a write up in my blog.  They pull the money from your account on large checks at the time they estimate the check being used.  If the check is never used you would call them and ask them for your money lol.

At first they denied it publicly.  Then they put a new spin on it.  " we cut the check based on funds in our bank account, so we need your money to reimburse ourselves "

If you have an ounce of cognitive thinking you see right through the holes in their logic

zorgon

Quote from: ArMaP on January 25, 2014, 01:59:00 PM
What about those "48 months" you talked about?

length of the term to get the 50% interest  lowest term is 6 months and then auto renew. If you have an emergency and need it you can withdraw all or portion but you then forfeit the interest on that portion

But from a credit rating point of view, doing this shoots it way up.  I went from 571 to 724 in a matter of weeks