Well, they seem to be in violation of the FTC's Mail Order Rule. First, who are they? Their street address is 2409 20TH ST BOULDER CO 80304 US which is a house. A Colorado corporation search gives a second address: 1738 Pearl St., Suite 2A, Boulder, CO 80302, United States which looks like office space above a restaurant in Google Street View. Their landlord is Pearl Street Properties ( http://www.pearlstreetmallprop…
A cautionary tale about subscription services and how not to shut down a startup
51–55 of 55 posts
Re: A cautionary tale about subscription services and how not to shut down a startup
#52This is why I want to just pay for everything with Bitcoin. I gave my credit card to a site (not a subscription site) and they charged me and never delivered. I contacted them and they said they refunded the charge and put in a new order (???). So now I had TWO charges. Why didn't they just ship me the stuff without charging me again? I disputed one charge with the credit card company and the company refunded me afte…
Re: A cautionary tale about subscription services and how not to shut down a startup
#53A friend of mine has recommended https://www.entropay.com/ for these kinds of online purchases : since it's a pre-paid virtual credit card, you cannot get charged beyond the pre-paid amount, if I understood it correctly. The initial loading fees of 4.95% seems quite high, but my immediate next thought was : I would personally still pay it for the security! Warning : I have yet to try it out myself; this is just word-…
You cannot be charged but you can be sent to collections and have your credit ruined. So be careful, people think closing a payment account is akin to a cancellation, it is not.
Very few of these things will send the product without a completed transaction, and even if they did (one time), the odds of a company selling a $40 debt are insanely low.
When consumers need an extra layer of protection against bad actors, this is a great way to go about it, and the risk to your credit is actually very low.
Re: A cautionary tale about subscription services and how not to shut down a startup
#54Well, they seem to be in violation of the FTC's Mail Order Rule. First, who are they? Their street address is 2409 20TH ST BOULDER CO 80304 US which is a house. A Colorado corporation search gives a second address: 1738 Pearl St., Suite 2A, Boulder, CO 80302, United States which looks like office space above a restaurant in Google Street View. Their landlord is Pearl Street Properties ( http://www.pearlstreetmallprop…
Re: A cautionary tale about subscription services and how not to shut down a startup
#55This is why I want to just pay for everything with Bitcoin. I gave my credit card to a site (not a subscription site) and they charged me and never delivered. I contacted them and they said they refunded the charge and put in a new order (???). So now I had TWO charges. Why didn't they just ship me the stuff without charging me again? I disputed one charge with the credit card company and the company refunded me afte…
But bitcoin will not help you at all, when there is no delivery. Bitcoin has no charge back. Bitcoin is in this sense mor like Western Union. The credit card system gives much better consumer protection most of the time.