PWCC purchase note 5%+
 

Has anyone used that option ...i would think getting 5%+ on your money is a good deal for those consignors. PWCC must make more than 5% for them to do that with their business dealings

Seems like win win....

Instead of auction winnings can you just give them money with a decent return... then to give it in other areas in life

They make that on the inflated shipping alone!

I'm not familiar with the option or how it works. Can you explain or post a link? I didn't see anything on their website.

its on the website for consignors.. this is an option presented:


PWCC Notes

When you consign to PWCC, you have the option of purchasing a PWCC Note which acts as a short-term loan to PWCC for either 6- or 12-month durations. For more information about interest paid and general terms, contact capital@pwccmarketplace.com or 503-680-2201.

You have yet to purchase any PWCC Notes.



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Found it, thanks. Also looks like if you keep auction proceeds on account with them and use them to pay for winnings you save 1% off the hammer price. Not a huge discount but anything helps.