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-   -   Loadedcash (https://gfy.com/showthread.php?t=1153837)

kjs 11-06-2014 02:57 PM

Loadedcash
 
Them: We're canceling you, not enough volume.

Me: That's fine send me my balance.

Them: We're keeping the balance as it hasn't reached the minimum payout.

Is that even legal? It's bad business.

PAR 11-06-2014 03:07 PM

It's there min payout $100.00...

JFK 11-06-2014 04:59 PM

Quote:

Originally Posted by PAR (Post 20280527)
It's there min payout $100.00...

Their :upsidedow

EddyTheDog 11-06-2014 05:07 PM

Bad move if true - The 'min payout' is one of my pet hates - Take out your expenses, but pay what you owe...

poncabare 11-06-2014 05:14 PM

they will get you on this because you agreed to their terms of service somewhere along the way. just sayin...

signupdamnit 11-06-2014 05:17 PM

Is there more to the story? If not then hopefully you just cost them 100 times what they took from you.

Anyway they haven't converted for most regular affiliates since 2011/2012. They used to do reasonably well and then one month it all just fell apart here. I have a $70 balance with them which I have had for years. I no longer send them traffic. I asked ONCE for the payment and asked them to close my account over a year ago. They ignored me. I didn't bother further. Whatever.

bluebook18 11-06-2014 05:26 PM

sponsors should pay before closing the accounts..

lazycash 11-06-2014 09:05 PM

Quote:

Originally Posted by signupdamnit (Post 20280742)
Anyway they haven't converted for most regular affiliates since 2011/2012. They used to do reasonably well and then one month it all just fell apart here. .

Interesting, my exact experience with them also.

Alex21 11-07-2014 12:05 AM

Bump
And pussycash please lower your minimum

Klen 11-07-2014 01:40 AM

I stopped promoting them because they didnt honored agreement.

Denny 11-07-2014 01:42 AM

They are still around?

Alexlecomte 11-07-2014 03:31 AM

There is always a way to talk ... I think you just need to find the right person to solve this. maybe trying a different contact ?

Alex21 11-07-2014 03:37 AM

Quote:

Originally Posted by KlenTelaris (Post 20281160)
I stopped promoting them because they didnt honored agreement.

nice front page.. nothing like having a hot chick with two guns pointed at ya :thumbsup

Klen 11-07-2014 04:20 AM

Quote:

Originally Posted by Alexlecomte (Post 20281231)
There is always a way to talk ... I think you just need to find the right person to solve this. maybe trying a different contact ?

I actually tried that way,but they all said ,no,no,no.

PAR 11-07-2014 05:45 AM

Quote:

Originally Posted by JFK (Post 20280691)
Their :upsidedow

Seems someone is looking to be the new DamianJ... LoL

Many companies close accounts that are not active, but when you send someone sales you agree to the min payout.. When they close your account they remove your ability to hit the min and should pay the balance or leave the account open.

tghy012 11-07-2014 07:18 AM

I never got a lead or sale with those guys ...send them like 3000 hits that convert usually 50-60/1 and ZERO. I thought it was just me

ls101 11-07-2014 07:22 AM

They told me to stop sending traffic through mail. After several months they contacted me to send again. WTF! NO MORE SALES EH?

Matyko 11-07-2014 08:02 AM

sponsors should pay the balance no matter how much is it and what their min payout - unless acc is getting closed is because of fraud. everything else is bullshit.

JFK 11-07-2014 02:56 PM

Quote:

Originally Posted by PAR (Post 20281293)
Seems someone is looking to be the new DamianJ... LoL

Many companies close accounts that are not active, but when you send someone sales you agree to the min payout.. When they close your account they remove your ability to hit the min and should pay the balance or leave the account open.

:1orglaugh Just takin up the slack :helpme

Alex21 11-07-2014 05:06 PM

Quote:

Originally Posted by Matyko (Post 20281390)
sponsors should pay the balance no matter how much is it and what their min payout - unless acc is getting closed is because of fraud. everything else is bullshit.

Think we can all agree. Part ways if not working out, but settle up and do right. :)

BoardiesBitch 11-08-2014 03:06 AM

I will try to reply to you all by sticking as much as possible to the facts.

We are NOT "cancelling" any account.
All accounts remains active and if you reach your $100 minimum, we will pay you like we always did for the past 10 years.

1 - We do cease accepting traffic on PPL campaigns if the traffic does not work on our offers ? but we would always pay for the leads that an affiliate has sent us so far even if it is not profitable. It does not make sense though for us to continue to take unprofitable traffic. If we ask an affiliate to stop sending us traffic on PPL because their traffic is not working for us, i believe this is a reasonable request. We do not shut down accounts if PPL traffic does not work but welcome those affiliates to send on PPS campaigns. An account will never be ?shut down? or "cancelled" for not being profitable.

2 - The minimum payment amount of $100 is a reasonable minimum. We use it to manage our administrative fees as a policy. This type of policy is quite common in our industry. It is not meant to keep affiliates? money but to manage our administrative work and fees.

3 - The only reason we would ever shut down an account and not payout is if the traffic is fraudulent ? fake leads, carding, etc. that will not turn into real revenue etc. ? this is a reasonable business practice and is essential to stay in business so we can pay for affiliates traffic

4 - The management of Loadedcash have been operating an affiliate program for over a decade and have a solid reputation for paying our affiliates every payout and on time.

5 - If anyone has a specific issue that they would like to address please reach out to me by email or skype (in my sig below)

SekobA 11-08-2014 03:56 AM

that is bad buss for sure.you have sent traffic to them and that isnt correct for sure

last click 11-08-2014 09:53 AM

here's a bump for you

ZeroHero 11-08-2014 02:20 PM

Not new story but I guess all programs do that

HiddenDoorCash 11-09-2014 08:46 AM

bump for u

XXXBizXXX 11-09-2014 06:27 PM

I don't think they did anything wrong

mineistaken 11-09-2014 06:32 PM

Decent company would pay out under minimum when closing the account.
Most do so.

mineistaken 11-09-2014 06:33 PM

Quote:

Originally Posted by ZeroHero (Post 20282787)
Not new story but I guess all programs do that

All programs do what?
Close accounts for low volume? No, not all programs do that. Not even majority.
Do not payout the balance when closing account? No, not all programs do that as well, not even majority.

GAMEFINEST 11-09-2014 07:38 PM

Move on man, their company their rules..

Matyko 11-10-2014 03:41 AM

Quote:

Originally Posted by BoardiesBitch (Post 20282306)
2 - The minimum payment amount of $100 is a reasonable minimum. We use it to manage our administrative fees as a policy. This type of policy is quite common in our industry. It is not meant to keep affiliates? money but to manage our administrative work and fees.

In my book this is bad business. Especially a 'big company' should not fuck around with such policies and should pay. If not automatically, than on request. If someone w a balance is requesting a payment or to close his account and pay the outstanding balance: he should get paid. Not paying in a case like this is a douche thing. :pimp :2 cents:

Alex21 11-10-2014 05:44 AM

His account is still open.. probably a miscommunication with the rep who contacted him.

signupdamnit 11-10-2014 07:25 AM

Quote:

Originally Posted by Alex21 (Post 20284141)
His account is still open.. probably a miscommunication with the rep who contacted him.

They stopped converting around 2012 though. Why should he send traffic to them at 1:100,000 when everyone else does 1:400 just to make one more sale to get the minimum?

When you want to close your account and move on the company should pay you the balance. This is standard business practice. At most if there are worries about fraud then wait up to six months and if there is a question as to processing fees deduct $5 from the balance. That is reasonable.

A company which does not payout like that is either ran by assholes or desperate.

Btw after they quit converting I started calling them "load of shit" cash.

Alex21 11-10-2014 07:38 AM

Quote:

Originally Posted by signupdamnit (Post 20284224)
When you want to close your account and move on the company should pay you the balance. This is standard business practice. At most if there are worries about fraud then wait up to six months and if there is a question as to processing fees deduct $5 from the balance. That is reasonable.

Agree :thumbsup

ruff 11-10-2014 07:44 AM

Usually companies do this as a money grab. They probably have a ton of accounts with money below minimum send out, most affiliate programs do. What better way to steal than cancel the affiliate for some cocked up reason? Obviously they need the money. It's hard to look at all that cash sitting there without trying to figure out a way to steal it.
The thing about porn is there are no repercussions when you're ripped off.

zerovic 08-04-2019 01:35 AM

Quote:

2 - The minimum payment amount of $100 is a reasonable minimum. We use it to manage our administrative fees as a policy. This type of policy is quite common in our industry. It is not meant to keep affiliates? money but to manage our administrative work and fees.
You can simply use your % to do that. Affiliates money is not something you use for your administrative fees as a policy. Or did I miss something?

OldJeff 08-04-2019 03:57 AM

If you cannot reach a minimum payout, go get a McJob, internet is not for you

Klen 08-04-2019 04:03 AM

Quote:

Originally Posted by OldJeff (Post 22512809)
If you cannot reach a minimum payout, go get a McJob, internet is not for you

That's not correct. When you promote thousand of different programs, and some of them crappy programs which convert less then others, then it is pointless to send traffic to them anymore, as with that you would lose money by not sending it to better converting program. Too bad ccbill was slacking so much and didnt stayed dominant platform as it used to be.

adultchatpay 08-04-2019 06:18 AM

I have like 10 programs that I dit not hit minimum payout... I even forgot them. If it's not converting, leave em.

poncabare 08-04-2019 08:01 AM

Why bump a 5 year old thread

ruff 08-04-2019 09:35 AM

Quote:

Originally Posted by poncabare (Post 22512871)
Why bump a 5 year old thread

Good question.

xanadu 08-04-2019 09:38 AM

I also was wtf is loadedcash still active???

Wasnt it sold and then closed?


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