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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. |
It's there min payout $100.00...
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Bad move if true - The 'min payout' is one of my pet hates - Take out your expenses, but pay what you owe...
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they will get you on this because you agreed to their terms of service somewhere along the way. just sayin...
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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. |
sponsors should pay before closing the accounts..
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Bump
And pussycash please lower your minimum |
I stopped promoting them because they didnt honored agreement.
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They are still around?
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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 ?
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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. |
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
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They told me to stop sending traffic through mail. After several months they contacted me to send again. WTF! NO MORE SALES EH?
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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.
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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) |
that is bad buss for sure.you have sent traffic to them and that isnt correct for sure
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here's a bump for you
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Not new story but I guess all programs do that
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bump for u
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I don't think they did anything wrong
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Decent company would pay out under minimum when closing the account.
Most do so. |
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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. |
Move on man, their company their rules..
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His account is still open.. probably a miscommunication with the rep who contacted him.
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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. |
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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. |
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If you cannot reach a minimum payout, go get a McJob, internet is not for you
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I have like 10 programs that I dit not hit minimum payout... I even forgot them. If it's not converting, leave em.
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Why bump a 5 year old thread
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I also was wtf is loadedcash still active???
Wasnt it sold and then closed? |
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