Silk Road forums
Discussion => Newbie discussion => Topic started by: Blackdoor on April 13, 2013, 09:56 am
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Hi all,
Noob question again. What is "FE" in some Customer reviews? My english is bad.
Thanks
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FE = Finalize Early.
NEVER EVER DO THIS. EVER!
Always go Escrow.
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FE = Finalize Early.
NEVER EVER DO THIS. EVER!
Always go Escrow.
Thank's for the answer, thanks for your advice. If u have time, can u explain me the difference?
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When you purchase an item the money comes out of your account and goes into Escrow. This means that the Vendor doesn't have the money yet.
When the product arrives at your house and you verify its authenticity you then Finalize the transaction so the money then goes into the Vendor's account.
This protects you, the buyer, from being ripped off. If you FE you give the money to the Vendor BEFORE your get the product. MOST rip offs by dodgy Vendors are done this way.
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When you purchase an item the money comes out of your account and goes into Escrow. This means that the Vendor doesn't have the money yet.
When the product arrives at your house and you verify its authenticity you then Finalize the transaction so the money then goes into the Vendor's account.
This protects you, the buyer, from being ripped off. If you FE you give the money to the Vendor BEFORE your get the product. MOST rip offs by dodgy Vendors are done this way.
Thanks for ur answer polly. Helas I made this bullshit, we will see. But I know for next time.