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80PercentArms.com Are they trustworthy?

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  • #16
    lugnutwrench
    Member
    • Nov 2010
    • 287

    Originally posted by ar15barrels
    And some credit card companies will EXTEND that chargeback timeline to after SHIPPING regardless of how long that is.
    This is because vendors are not supposed to charge the card until shipment is expected in a very short time period (days, not weeks).
    It's against most card processor agreements to collect payments when the vendors know that shipment will be multiple days/weeks/months away.
    The sellers in those extended shipping situations are supposed to collect the card info and then run the card once they are ready to ship.

    That's how big companies like Brownells/Midway always do it.
    Thanks, Randall. I think you honed in on the key issue. Reposted from here:

    I suspect what happened was that 80percentarms.com grabbed a whole bunch of orders and charged cards with no ability to ship anything at the time. If that's true, it's also quite possible they used all that money as if they had already earned it, leaving little to none left over to deal with cancelation requests. That could pay off, but it's risky, and might ultimately amount to the company going out of business before being able to fill all orders. This interaction could be a canary in that coal mine. That's what I see as the biggest takeaway.
    That's just my $1.05.

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