Questioning a purchase from margin holdings

markozz1
Contributor
Contributor

Is margin holdings disreputable? I ordered some merchandise, yesterday, and after seeing some of these posts, I am worried.

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11 REPLIES 11

kernowlass
Esteemed Advisor
Esteemed Advisor

@markozz1 

 

Another of these is it???


Chinese Web Sites or on Social Media ads easy to spot (once you know the below signs) so buyer beware.

To recognise them -

1. No return address on the returns policy. The site will look as if its in your country (where they despatch goods from) but they will ask for returns to go back to China (returns depot) at a shipping cost often more than the item is worth.
2. No contact telephone number. if you click on contact the most you will get is webmail or an email address.
3. Rarely company address information.
4. Great pictures of items at bargain prices that turn out to be tat.
5. Fake reviews.
6. Google and you can often see previous company names as they change them once enough claims roll in and Paypal stop them using their services and start over.
7. Send fake tracking numbers to win item non receipt of item claims.




Advice is voluntary.
Kudos / Solution appreciated.
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soteriaglobal
New Community Member
They are a scam company. Do NOT click on any links in their sales funnel as they are all purchase buttons under the guise of learning/seeing more. I got scammed out of $185 plus shipping, amd no way to return items they arbitrarily sent me, without paying excessive postage along with them taking 15% of the purchase to “restock”.
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Racing19
Contributor
Contributor
I just noticed a $24.99 auto payment on my credit card from Margin Holdings, I didn’t set up any auto payments for this company. Anyone having this same issue?
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DucatiJohn
Contributor
Contributor

Yes. Probably caught you through your PayPal account call the bank. 

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brannoc
New Community Member
I had three charges one was 24.99 one was 205 help
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tung8679
New Community Member

sandman3577
New Community Member

yes i had the same problem i ordered a cordless pressure washer and an extra battery in july and never got anything  59.99 plus 34.99  it is a scam

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DucatiJohn
Contributor
Contributor

Margin Holdings uses PayPal to fleece customers. We made a purchase and got double billed but did receive the merchandise. We also got a $29.99 dollar a month warranty with life time payments! I complained to PayPal nicely as they were the vector for margin Holdings to **bleep** PayPal subscribers. I never spoke to anyone but did have a chat with some unknown soul and got  29 bucks back. I only lost about 60 dollars all in. On balance I think PayPal was a victim too by Margin Holdings processing the PayPal account. Buying anything on the internet is simply risky business with all sorts of crooks looking for a free ride and your money. The down side? Real honest merchandisers will find it impossible to do business as no one will trust the sellers as being anything other than crooks. Caveat emptor....

 

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tialise
Contributor
Contributor

I purchased NOTHING from Margin Holdings, yet I have THREE transactions in my account! I had it looked into, and was told that it was something I had ordered.  But it ISN'T!!!

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