And now, TPGs may use this Marx case to further justify collecting even more money, even farther in advance of them performing the work they are supposed to do. If anything, this actually works to de-incentivize them to hurry up and get people's cards back to them. What's their rush, they already have your cards, and now your money. You can't suddenly do something else or go anywhere else. At least not without it likely costing you even more.[/QUOTE]
No, actually their credit card processors would frown about charging upfront. There are very few SIC categories where a merchant can charge in advance for future delivery of goods and services. Not sure how BGS is getting away with this unless they somehow convinced the processor's rep to misclassify them or are paying a premium rate to do so...
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04-08-2022, 08:29 AM
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