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Showing results for tags 'purchases'.
Found 2 results
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Our Engineering Lab Manager just sent the guys in the lab an e-mail where he had filled up with gas and used his debit card. When he checked his bank account balance the next morning, he had a $75 hold for that purchase. He called his bank and they told him that alot of gas stations are now doing this for purchases at the pump. One of the guys in the lab asked his wife that works at a bank and she said she is seeing a $100 hold for each purchase from the pump at some gas stations. The last time I was on a big group ride with about 30 bikes and we stopped for gas, everyone did the "pay-at-pump" thing. If you were on a ride that had several fillups, you better make sure you have plenty of money in your checking account if you are going to pay at the pump. Otherwise those $10 purchases could end up being a lot more if the bank tags you for insuffient funds in your account because hundreds of dollars are on hold. I called our local tv news program and they were not aware of this, but were very interested in what I had to say. Also, the banks are not interesting in doing anything about this as they are making easy money from insuffient fund charges on each transaction involved. It also appears that purchases paid for inside are charged only for the amount of the purchase. RandyA
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My V Max sells tonight on Ebay. No big deal I'll probably take a loss on it been there done that. The problem is I got two dudes fighting over it bidding wars. One has poor credit feedback and one with zero feedback. I think Ebay should have a rule limiting purchases to $100 on your first 20 or something purchases. I can see some kid wanting a crotch rocket working at mcdonalds win my aution and then trying to get a loan. I hate for a reputable buyer to get knocked out because of a No payer. So far I have been lucky and been paid for all but one small item. But were talking about several grand here. Last week I sold my camper. The buyer drove 800 miles one way and brought 31 $100 bills. I liked it.Lets hope tonights auction goes well. I turned down selling it to family because I didn't want to see them get hurt or worse.
