Collection Agency for Non-paying bidders??

Kansashalo

Kansashalo

D
O.G.
Sep 10, 2006
13,118
449
#1
HI ladies,

I ran across an ebay auction today where the seller had a disclaimer that read:

ACCOUNTABILITY: Should the winning bidder become delinquent in settling the transaction, I reserve the right to pursue payment through the use of collection services.

COMPENSATION: Should the winning bidder default on completing the transaction, I reserve the alternative to assess and collect a restocking fee as compensation for fees and holding costs related to the incomplete transaction. The restocking fee will amount to $10 + 20 percent of the sale price.
Click to expand...
It then listed the name and website of the collection agency, which stated that their sole purpose was to go after non-paying bidders, including adding negative marks to their credit report.

Has anyone else heard of this or use these services? Do you think this will really stop NPB? Ok, for the record, I always pay for my auctions :graucho: but I wonder financially does this make sense and is this compatible with Ebay's current NPB resources availible?
 
#3
Well the thing is by signing up to eBay you are signing an agreement that your bids are legal binding and as such I guess you could send a debt collector after someone. Whether it would be fruitful I don't know.....
 
#4
I hadn't seen it before either until I ran across an auction. I thought it was interesting however, I do wonder.......what if a sellers filed a NPB and then sent the buyer to a collection agency. Say for WHATEVER reason, Ebay finds that the NPB was filed unjustly and removed it - what would make the seller then go back and stop the collection process? Ebay can't since those services are through an unaffiliated 3rd party.
 
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