@Anonymous wrote:
@Colombianking wrote:He would buy something before the credit card reports to the CRA's and then return the item the next day which demonstrates at the next report to the CRA's that the bill was paid.
There are much simpler ways to show a balance than to waste time with this idiotic method.
And buying stuff just to return it the next day just to show the CRA's?
This dude seriously should have been crowd-beaten on the spot.
+1
I just go to CVS if i have 2 and purchase a few things i need anyways there and use one of the cards i dont use at all really to just keep them active. I also buy myself Giftcards on amazon for myself to keep them active if i feel to lazy to walk a few blocks to CVS
@Kenny wrote:
@Colombianking wrote:i was at a seminar on building credit and someone in the crowd mentioned a way he built credit ... He would buy something before the credit card reports to the CRA's and then return the item the next day which demonstrates at the next report to the CRA's that the bill was paid.... but won't the credit card company close the card if they see you doing this all the time? Is this something you do every once in a while commingled with other purchases... Ideas ? Thoughts?
Just silly, to me. All you have to do is a buy a piece of gum to show usage. What's the goal in this? If anything, just wastes a lot of people's time.. including their own.
Plus with Amazon, Bestbuy , Costco from what ive read will Blacklist you from shopping there ever again ( Amazon) to never returning items again ( Bestbuy).
Amazon knows internally whats the limit they set up for you for returns and if you cross it they will close out your account and if i remember your family members accounts as well so you or your family can never shop on Amazon ever again. This is from what ive read around but you can Google this subject.
Bestbuy takes your iD and goes to this database that they use which is used by a bunch of different companies to track returns so they will know if your'e a serial returner and eventually barred from Returning items.
Costco and I assume Bj's and Sam's club which work off memberhsips will have the same policy and thus while I find Costco's return policy great if you ever abuse it they will know and do something about it
@ilovelisa wrote:
@Closingracer99 wrote:
@Kenny wrote:
@Colombianking wrote:i was at a seminar on building credit and someone in the crowd mentioned a way he built credit ... He would buy something before the credit card reports to the CRA's and then return the item the next day which demonstrates at the next report to the CRA's that the bill was paid.... but won't the credit card company close the card if they see you doing this all the time? Is this something you do every once in a while commingled with other purchases... Ideas ? Thoughts?
Just silly, to me. All you have to do is a buy a piece of gum to show usage. What's the goal in this? If anything, just wastes a lot of people's time.. including their own.
Plus with Amazon, Bestbuy , Costco from what ive read will Blacklist you from shopping there ever again ( Amazon) to never returning items again ( Bestbuy).
Amazon knows internally whats the limit they set up for you for returns and if you cross it they will close out your account and if i remember your family members accounts as well so you or your family can never shop on Amazon ever again. This is from what ive read around but you can Google this subject.
Bestbuy takes your iD and goes to this database that they use which is used by a bunch of different companies to track returns so they will know if your'e a serial returner and eventually barred from Returning items.
Costco and I assume Bj's and Sam's club which work off memberhsips will have the same policy and thus while I find Costco's return policy great if you ever abuse it they will know and do something about it
Best Buy checks ID, even with a receipt?
Yes unless it is prohibited by law
@ilovelisa wrote:
@Open123 wrote:
ilovelisa wrote:receipt?Best Buy stipulates on the receipt their right to refuse a return for any reason.
I also would not use this method at Best Buy. IIRC, they still charge restocking fees.
No they don't. I have returned items like Tablets without a restocking fee.
