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chance
Well-known member
and me too
- Status
Zetajazz44
New member
Yep, CHANCE TOO!
I KNOW this is very stressful on him... I can hear it in his voice when we've talked on the phone...
H
Harvey Gerst
New member
I've been holding off on paying till somebody tells me exactly how I should pay for this.
vicenzajay
Member
Randy,
Thanks again.
However, I have to mention - that the logic used above by the "processing" companies does not hold legal "water". This isn't a "loan" application...the only "hesitation" they should have is based on whether or not they take responsibility for "arbitration" or "conflict resolution" after the fact. If they are going to (like paypal) also provide conflict resolution should everything "fall through" (which we know it won't), then I understand the concern, fee levels, etc.
Here's my point - in my opinion we need to simply be looking for a payment "medium"...not "insurance", "Loan terms", etc. A single "ish" way to transmit money to Chance at the "social" level of this group buy. If we're trying to also put every business legal protection in place for every member of the the group buy, we're very quickly going to devolve into creating a complete corporation-like transaction system with Chance and you having to try to keep it all together.
There's a level of personal risk for participating in Group Buys....that's just a fact and something I took for granted when first reading about this one. All I want to do is be able to "pay" Chance for the ordered products...period...in whatever method he finds easiest to accept in order to use the funds to have the products manufactured. I don't need a medium for complaint arbitration, buyer protection, etc. etc. etc.
Just my .02 - and thanks again for all the incredibly hard work...I'm really hoping that it turns out to make it MUCH easier for the next time around!
Jay
Thanks again.
However, I have to mention - that the logic used above by the "processing" companies does not hold legal "water". This isn't a "loan" application...the only "hesitation" they should have is based on whether or not they take responsibility for "arbitration" or "conflict resolution" after the fact. If they are going to (like paypal) also provide conflict resolution should everything "fall through" (which we know it won't), then I understand the concern, fee levels, etc.
Here's my point - in my opinion we need to simply be looking for a payment "medium"...not "insurance", "Loan terms", etc. A single "ish" way to transmit money to Chance at the "social" level of this group buy. If we're trying to also put every business legal protection in place for every member of the the group buy, we're very quickly going to devolve into creating a complete corporation-like transaction system with Chance and you having to try to keep it all together.
There's a level of personal risk for participating in Group Buys....that's just a fact and something I took for granted when first reading about this one. All I want to do is be able to "pay" Chance for the ordered products...period...in whatever method he finds easiest to accept in order to use the funds to have the products manufactured. I don't need a medium for complaint arbitration, buyer protection, etc. etc. etc.
Just my .02 - and thanks again for all the incredibly hard work...I'm really hoping that it turns out to make it MUCH easier for the next time around!
Jay
antichef
pornk rock
would some sort of performance bond help? We could all chip in for it.
D
drBill
New member
Randy, I appreciate your candor and open-ness thru this whole debacle. I'd like to tell you that I don't think that the "terms" are all that important. Paypal charges high fees, no doubt, but in the grand scheme of things a few more dollars up front to fund this whole GB is small pickins. Let's just "git-r-done"!!!!
Chance & Randy - take a few minutes off, go get a nice cup o java. Relax. We'll still be here.
This whole thing is just another case of "the man" tryin' to stick it to the little guys. What they will learn is that the times - they are a changin' and the little guys are getting smarter!!!
We all appreciate the efforts you have put in!!
Chance, you don't know me (yet), but I'm here in So Cal close to you and if I can help out in any way, please don't hesitate to contact me.
Cheers to both of you!!!!
Bill
Zetajazz44
New member
The "loan" happens between the processor and the merchant, in this case Chance. Since credit card companies give the customers "adequate" time, usually 180 days, to chargeback the amount processed, should they no be happy with their purchase, but the processor deposits the amount processed into the merchant's account with 1-2 business days, they are giving the merchant a loan, in faith that their transactions were legal, honest, that the customer is happy and there will be no chargebacks that they'll have to cover out of their pocket should the merchant go out of business, shut down his bank accounts, leave the country...anything to where by they would have a difficult time or impossibility of collecting these chargeback amounts.
If by their RISK model, there is a high probability of this happening, processing rates for the merchant rise...until after so many RISK flags are raised (they aren't making enough money based on the amount of funds they have outstanding) that they choose not to process the transaction.
Legal or not, this is how they do it and it's been going on for years with the blessings of the FDIC and the Federal Trade Commission.
Randy
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rockinrocker
Freedom Hater
OK, so back to the mics for a second here,
i've tried searching, but haven't been able to find too much info here,
is the 583 based off of a well known design? (can somebody throw me one of those letters followed by a bunch of asterisks?)
also, are there any accessories included with it (shock mount?)
thanks
i've tried searching, but haven't been able to find too much info here,
is the 583 based off of a well known design? (can somebody throw me one of those letters followed by a bunch of asterisks?
)also, are there any accessories included with it (shock mount?)
thanks
C
chance
Well-known member
OK, so back to the mics for a second here,
i've tried searching, but haven't been able to find too much info here,
is the 583 based off of a well known design? (can somebody throw me one of those letters followed by a bunch of asterisks?
also, are there any accessories included with it (shock mount?)
thanks
the 583 is not a rebadged clone of anything
C
chance
Well-known member
This is what is making me upset. Not only have I NOT recieved any funds, but they won't return those funds back to you. ALSO I have personal funds in my P-pal account that I need for my tax payment to the IRS, and they are holding those funds captive too. Are they making interest on these funds? Are they paying US interest on these funds?
vicenzajay
Member
Which...
Is why I am encouraged by your inquiries with regard to the process of ACH (electronic check) payments that you are looking at...that is simply the transmission of money from one account to another....period....no strings attached or funky logic with regard to paybacks and processing. I.E. like I said in my post above...a simple way to get money from my account to Chance's without everyone and their uncle putting their fingers into the pie.
again, just my .02
Jay
Is why I am encouraged by your inquiries with regard to the process of ACH (electronic check) payments that you are looking at...that is simply the transmission of money from one account to another....period....no strings attached or funky logic with regard to paybacks and processing. I.E. like I said in my post above...a simple way to get money from my account to Chance's without everyone and their uncle putting their fingers into the pie.
again, just my .02
Jay
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chris carter
New member
Through all the frustrations with this, can I just point out something here that I find ridiculous?
This is the United States of freakin' America. This is the MOST capitalistic country on the entire planet. We have people who want to pay money. We have someone who wants to receive that money. And we're finding it damn near impossible to do! In the UNITED STATES OF AMERICA THE MOST CAPITALISTIC COUNTRY IN THE WORLD. What the hell????
I'm about to write a check. It's ancient technology, I know, but at least it WORKS.
This is the United States of freakin' America. This is the MOST capitalistic country on the entire planet. We have people who want to pay money. We have someone who wants to receive that money. And we're finding it damn near impossible to do! In the UNITED STATES OF AMERICA THE MOST CAPITALISTIC COUNTRY IN THE WORLD. What the hell????
I'm about to write a check. It's ancient technology, I know, but at least it WORKS.
M
maccool
New member
Ooooff! Sorry Chance, I can be a bit slow on the uptake sometimes.
The iniquity being perpetrated here by PayPal is despicable.
Do Whatever Works pal! I can wait.
Dave.
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chance
Well-known member
Thanks for your words of encouragment
Booda
Master of the Obvious
For those who need to use a CREDIT CARD to stay in the group buy...
Most CC Co. send out "Convenience" checks every so often (if not w/ every statement) for you to use how ever you please. If you don't have any, Call your CC company and ask for some or Ask what they have available for you. They will send them ASAP... Then use the Credit Card Check to pay for the ACH process if that becomes the only method of payment. (usually you can write the CC check to your self for cash too).
Just an idea to keep the CC payers in the game.
B.
Most CC Co. send out "Convenience" checks every so often (if not w/ every statement) for you to use how ever you please. If you don't have any, Call your CC company and ask for some or Ask what they have available for you. They will send them ASAP... Then use the Credit Card Check to pay for the ACH process if that becomes the only method of payment. (usually you can write the CC check to your self for cash too).
Just an idea to keep the CC payers in the game.
B.
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eyeteeth
New member
I went through nightmares with paypal LAST GB... once I finally had an account working, I kept it solely for THIS group buy.
It started because someone sent me funds to one of my e-mail addresses, but not the one I used with PayPal. they were nice enough to "open" an account for it, and hold the money... but I couldn't do squat with it until I "verified" that e-mail... then they through a huge stink because of the PayPal account I had been using for years and they decided to freeze both. It took weeks, but was able to pay Chance in the waining minutes of the last GB's deadline.
Now I can/will happily transfer all those funds for my latest order to my bank account and wait further instruction.
It started because someone sent me funds to one of my e-mail addresses, but not the one I used with PayPal. they were nice enough to "open" an account for it, and hold the money... but I couldn't do squat with it until I "verified" that e-mail... then they through a huge stink because of the PayPal account I had been using for years and they decided to freeze both. It took weeks, but was able to pay Chance in the waining minutes of the last GB's deadline.
Now I can/will happily transfer all those funds for my latest order to my bank account and wait further instruction.
mshilarious
Banned
Be careful with that. The CC companies will charge a cash advance fee, often 3%, on convenience checks. Also, they will charge the cash advance rate rather than the rate for purchases; the cash advance rate can be shockingly higher.
On the plus side, often CC companies will send checks with promotional offers with much lower (or even 0%) rates for a limited period of time. Those will still usually come with the transaction fee though. Also, be sure to make all payments on time, otherwise the promo rate can go away.
Finally, CC companies will typically allocate your payments to the lower interest rate balance first, so if you are carrying a balance on that card and making payments, the balance with the promo rate could go away quickly.
R
rockinrocker
Freedom Hater
cannabis
New member
unless i'm misunderstanding
it looks like you have to
give them access to your bank account
(or set up a separate account
at your bank for this purpose)
and the amount is limited to $1000/day
or $2500/month
which may not be enough
for some buyers
i'd rather just send chance
a personal check
if we can't pay by credit card
Zetajazz44
New member
Stay tuned... Credit Cards aren't 100% out of the question... The applications have been submitted and I waiting to see if the account gets approved and boarded... I have a lot of confidence that it will too..
Randy
- Status