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Final Value Credit - Help!!

RoxieW
RoxieW Posts: 3,016 Forumite
in Ebay, auctions, car boot sales, post & parcels
Can anyone help me understand a final value credit. I've been awarded 2 by ebay for non paying bidders but I dont understand it. Does it mean that ebay will give me the money that should have been paid? If so, where does that money go? Nothing has gone into my pay pal.

Many thanks in advance for help! :D
MANAGED TO CLEAR A 3K OVERDRAFT IN ONE FRUGAL, SUPER CHARGED MONEY EARNING MONTH!:j
£10 a day challenge Aug £408.50, Sept £90
Weekly.
155/200
"It's not always rainbows and butterflies, It's compromise that moves us along."

Comments

  • Phil51
    Phil51 Posts: 786 Forumite
    Hi Roxie

    When you sold an item ebay takes a percentage of the sale. So say you sold for £1.00 your ebay account would say you owe ebay £0.10 (not exact numbers).

    If the buyer does not pay, ebay credit your account with the fees they have charged you ie £0.10
    Comping 2008 wins £4842 2009 wins £950.50 2010 Wins £140 2011 £0
  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    RoxieW wrote: »
    Does it mean that ebay will give me the money that should have been paid?


    Now that would be nice!!
  • RoxieW
    RoxieW Posts: 3,016 Forumite
    oh - not so good then. wish i hadn't let my buyers off the hook now! oh, well - live and learn eh? thanks guys
    MANAGED TO CLEAR A 3K OVERDRAFT IN ONE FRUGAL, SUPER CHARGED MONEY EARNING MONTH!:j
    £10 a day challenge Aug £408.50, Sept £90
    Weekly.
    155/200
    "It's not always rainbows and butterflies, It's compromise that moves us along."
This discussion has been closed.
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