PSA vintage subs has upcharges but I am on vacation.

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#22

01-12-2023, 12:16 PM

bnorth

Ben North

Member

Join Date: Jun 2013

Location: South Dakota

Posts: 10,594

Quote:

Originally Posted by Tyruscobb

I don't understand this business model at all. SGC requires payment before the submitter ever mails the cards. Then, if there are any upcharges, SGC holds the cards until it receives the upcharge payment.

SGC receiving the funds before the submitter ever mails the cards allows it to use the funds for business purposes. Heck, it could just put the funds in a 4% interest-bearing account and make money. PSA not receiving payment until the end just doesn't make sense to me. Just think of all the lost interest it could earn.

It makes no sense to me either and a lot of people got screwed because of it not long ago with large group submitters.

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