Ebay Returns & Youlend

[a_very_vintage_affair]

A friend of mine noticed something the other day with regard to charges being paid out to Youlend. They sell quite expensive antique items and have quite a few returns for various reasons but what they noticed was that Youlend deduct their percentage from their daily sales with no regard to returns.

What is happening is Youlend take their daily cut but when a return is filed at least Ebay credit you back the selling fees... not so Youlend, you do not get back the deduction they made for the sale.

Something to be aware of if you are considering using this service.

[therenewalworkshopltd]

Why on earth would a loan company give you back money, that you had paid to them in order to reduce your debt?

It makes no logical sense.

Or do you know of some other bank etc that repays you when you have to refund a customer?

Surely, this is exactly the sort of thing that you should understand BEFORE taking a loan out!

[crg_music]

Its all going against the debt, they want you to repay as fast as possible because the fee is front loaded so totally opposite to a credit card who add interest every month and want you forever.

Ebay literally pay them on your behalf.