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Re: EXTENDING CREDIT: an Unscrupulous Buyer - Be Forewarned:
Original poster: Vardan <vardan01@xxxxxxxxxxxxxxxxxxxxxxx>
Hi Bart,
Thank for the good advice. I should add a lot depends on the dollar
amount too. I give away a lot of stuff and just pay shipping myself
usually just to get rid of things that get in my way. It is good to
find anyone that can use that stuff and give it a good home
;-)) When I sold caps, I often shipped early since I just wanted to
go to the post office once a week. My only screw up there was I
think I sent a few orders "twice" do to "computer error" %:o)) But
everybody paid just fine and the dollar amount was pretty low anyway.
But when the money gets large. Then fraud and legal problems become
a concern for sure. Then your advice is very well taken. In my case
about $50 is the point were I start to get real careful. If it gets
to be a few hundred dollars I start paying by cashier's check. I
often send the check by express mail overnight just to be real sure
if it is really a lot of money. When I send expensive things, I ship
next business day buy UPS or US Mail that has tracking and
confirmation just to be sure. I also insure it "high" in case
something happens we all win $:o) (they never have lost anything though) ;-))
Quite honestly, I really do very few high dollar transactions here on
the list and then only with people who I know really well. I usually
prefer E-bay where there is a lot of feedback and such. But I have
never had a problem in any case. I always pay and ship immediately
and the people I deal with have always done that too.
So may advice is if a lot of money is involved, be very very
carful!! Very few of us "really" know each other...
Here on the list, it has never been a problem "before" as far as I
know and I know we all like to trust each other a lot. But in a way
that opens us up to problems too.
I really hope this situation gets solved very quickly...
Cheers,
Terry
At 07:46 PM 12/5/2006, you wrote:
Hi Jack,
Your doing the right thing here bringing the issue to the list and
not naming names. I say that because if my perception is correct,
this is the second situation I'm aware of in a very short time. I
hope this person will resolve this issue immediately and stop such
activities. Coilers here on the list are not professional businesses
that can afford convenience of payment.
FOR COILERS ON THIS LIST I RECOMMEND THE FOLLOWING "NEW" COILING LAW:
1) Agree and discuss time of payment and shipment. It is not a bad
thing to "not have the money" on hand. Just let the seller know your
situation and do not be ashamed if you have to wait a while before
you can send the money. If the seller is willing to wait until you
have the funds, GREAT. If not, then "DON'T BUY THE PRODUCT".
2) Do not allow the seller to ship the goods until they have
received the payment. This is probably the most important of coiler
deals and is the one that would resolve ALL of these issues.
If you shipped product before you received funds, you were "STUPID".
Don't be stupid (sometimes referred to as "nice" or "trusting").
Here's why: When the deal was made, the buyer likely had every
intention of making good on the funds. But something "bad" happened
and when it came time to make payment, funds were short. This
situation can ALWAYS be avoided by receiving payment prior to shipment.
EXAMPLE:
I just bought 6 SISG boards from Mark Dunn of which I stated in one
of my emails to not ship the boards until he received funds. Because
I had 1 car for 3 working bodies in my family, I knew I might run
into issues getting to the bank. I had to wait 12 days before I
could get to the bank and get the check. Mark did the right thing
and did not send until he received payment. All worked out perfect.
Once I got the check and sent it, Mark receive the funds and "then"
shipped the boards.
BTW, all those desiring these excellent SISG boards, Mark has many
more available (pearls of wisdom being distributed here).
Take care,
Bart