Since when has this been a thing?

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Barklands

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I've just put a load of saddles up for sale and house was resembling a tack shop... but the first message received was "would you consider a payment plan?" Maybe I am ignorant but since when have we been asking private sellers for payment plans?? I am not a bank and surely no one in their right mind would send off a saddle in hopes that they would at some point in the distant future get full payment? I know times are tough but is this common? I wouldn't even consider buying a new saddle until I could afford it...
 
It's been a thing for a long time. I don't think it's because they don't have the money, more that they have no intention of paying the full amount. It's just another way of stealing by means of a fraud. Also look out for people wanting to offer about half what it's worth and throwing a massive strop if you decline; sending a courier with the money to collect it; paying with paypal and then claiming they didn't receive it; waiting in for them to come and view then never hearing from them again. My partner's had a load of nonsense selling something on fb marketplace. He's dumped a load of stuff in the bin as he's losing it with the fb idiots.
 
poiuytrewq said:
Agree! Some people do try and take the p.
I went to the Blue Cross tack shop yesterday and got there to find it all locked up. Apparently people steal the stuff! Horsey people (presumably) stealing from a horse charity!
Mind blowing. People are idiots. I don’t imagine you’d ever see the second installment!
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Yes they really don't care about stealing from a charity. They also try to pay with fake cash. Think it's easy to off load it onto charity shops.
 
It may genuinely be an increasing expectation in general, due to the abundance of schemes such as Klarna etc. I think many payment providers such PayPal now offer a "pay over three months" option as default, unless the seller specifically deselects it. I know I had to actively find and switch off the "pay later" type option for either my side business or the charity I work for (can't remember which!). It seems to have been an option for almost any online shopping I've done recently.

Personally it scares me as I can never remember anything, and at least using a credit card the payments are taken once a month so I can check and make sure there's enough money in the relevant account - if I did a Klarna-type thing I would have random payments going out all over the place for things I bought months ago, and I'm sure I'd get into a lot of trouble very quickly!

edited to add: iirc - using the "pay over three months" type option, the seller would get full payment upfront, and PayPal (or whoever the provider would be) would be the one taking the risk of further payments not being made.
 
JenJ said:
edited to add: iirc - using the "pay over three months" type option, the seller would get full payment upfront, and PayPal (or whoever the provider would be) would be the one taking the risk of further payments not being made.
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Yes, this is right. PayPal pays the seller the full amount straight away and then takes the four monthly payments from the card linked to the buyer's PayPal account.
I use this now and again for places like eBay.

I prefer to save up the money and pay outright, but sometimes I find something at an unexpectedly good price when I don't have quite enough in the Revolut account that I use for that kind of thing, and my main bank is sometimes unexpectedly unable to handle a transfer to Revolut (it's been attacked a few times by Chinese and Russian state-sponsored cybercriminal groups).
 
Peglo said:
I wonder if they would still be keen if you agreed to the pay in installments but you’d only send the item once the last payment was made 🤔
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I did this for someone as they really wanted the saddle but didn’t have the full amount upfront. I let her pay half and then a little bit each week over 3 months until it was paid off.

Didn’t set out to do it but she was so lovely, I wanted to help her get the saddle she had dreamed about buying.
 
A few years ago I was selling an inexpensive (£300 ish) saddle. My interested buyer wanted to try it out, as she was local I said fine, if you leave me the cash when you take it and if it doesn't suit, bring it back in the same condition and I'll give you the money back.
Oh she said... I don't actually have the money right now for it. So no it's not a new thing....
 
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