Quote:
Originally posted by ZoiNk
I don't see why you don't send collection agentcies after everyone that chargesback. Have it so that the agency gets 50% of whatever of the amount. Better that they just writing it off.
ZoiNk
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I'll tell you why. If you try it, the FTC will shut you down in two seconds.
They will have one person who legitimately had their cc stolen and was entitled to a chargeback and you will be shut down. IMHO that is the only reason not to run with a collection agency, but it is a reason that you simply can't avoid. (Don't believe me? Ask anyone who has ever dealt with the FTC if they will sieze all your assests before they even look into the matter . . . )