Quote:
Originally Posted by Rhotchkiss
I don’t know what the initial bid limit is, but $100k without additional verification certainly sounds reasonable. At the same time, $10k is definitely too low, especially for people with a history.
Frankly, I don’t understand why people get so upset about having to verify ability to pay, especially is no credit card is posted as collateral. It’s nothing personal, just prudent business
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100k yes, 10k no. As with many things in life people get pissed when their integrity is questioned. Old school way of thinking but if Goldins baseline is a couple of no pays and they make old school collectors uncomfortable with "access" etc. that's their decision, insulting folks < zero tolerance, it's just a mathematical equation overlayed on emotion.