Quote:
Originally Posted by Ronnie73
Ebay just wants to make interest on everyones money for a few days before they turn it over to you.
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I hear this often, but I seriously doubt this has any impact to their decision. With the 1-month LIBOR currently at around 0.02%, if they withheld $600 for 3 days the interest would be almost exactly 1 cent.
Yes, I'm sure it adds up over time. But the amount they lose if just 1% of the people who have their money delayed were to stop listing would be far more than they would ever make on interest.