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Posted By: Jay Miller

Michael--Do you know how the fee assessmant works in practice. At what point does ebay debit this guys credit card (sending it over his limit ) and, if the bidder does not perform, how long until he gets the credit back. If the debit is some time shortly after the auction and the credit back is some weeks later then he is out whatever interest his credit card company charges on that amount. 12% on $75000 for a month is about $750.