Chargebacks

[MLMDEFECTOR]

I have left the insurance business. I just want to make sure that if I don't pay, that I don't get reported to collections and have my credit impacted

Is this a real question???
So the real question is… should your ex-upline pay YOUR commission advance back? It’s like a payday loan that you quit the job on then you effectively steal from your old employer by not paying back. It’s unethical man and I really wouldn’t want the karmic debt of not honoring your word whether or not it goes to your credit score. I’m sure you tell your kids to be ethical, set a better example homeboy. No wonder you didn’t make it in this industry.

 

[walthamny]

I think some of you are being too hard here. If the person was unfit for this industry and he was pushed the sign paperwork and told the roses and he decided to quit after making 2 or 3 sales, I would argue that the IMO is more responsible for that debt. I do not think most people entering this business completely understand what advanced commissions or charge back is before signing the contract. Now if the person worked in the industry for 6 months and decided to quit, and put in a bunch of fake applications to get advanced commissions and quit, I would fully support the insurance company. We have contract law for a reason. If you go to a doctor and they give you a medicine and you take the medicine without reading and comprehending every word in the prescription information paper, you can still sue the company later saying you did not read or you could not have expected to undertstand every word. This is the same logic here, did the person understand before signing what is advanced commission and chargeback fully. The answer in most cases here is no. Most people here started this business without understanding chargebacks.

 

[Newby]

If you have debts you pay them back. It’s as simple as that. It doesn’t matter if anyone is watching or it’s going to affect your future credit or anything like that. You owe the debt.

 

[whatyouwantfinally]

I think some of you are being too hard here. If the person was unfit for this industry and he was pushed the sign paperwork and told the roses and he decided to quit after making 2 or 3 sales, I would argue that the IMO is more responsible for that debt. I do not think most people entering this business completely understand what advanced commissions or charge back is before signing the contract. Now if the person worked in the industry for 6 months and decided to quit, and put in a bunch of fake applications to get advanced commissions and quit, I would fully support the insurance company. We have contract law for a reason. If you go to a doctor and they give you a medicine and you take the medicine without reading and comprehending every word in the prescription information paper, you can still sue the company later saying you did not read or you could not have expected to undertstand every word. This is the same logic here, did the person understand before signing what is advanced commission and chargeback fully. The answer in most cases here is no. Most people here started this business without understanding chargebacks.

No. No. NO.

If you expect the freedom/ability to enter into contracts, YOU have the responsibility to understand them and honor them. If you don't trust your own comprehension, you have the responsibility to find someone to explain the contract to you.

You're arguing that most people shouldn't be allowed to sign contracts on their own behalf.

 

[WinoBlues]

I think some of you are being too hard here. If the person was unfit for this industry and he was pushed the sign paperwork and told the roses and he decided to quit after making 2 or 3 sales, I would argue that the IMO is more responsible for that debt. I do not think most people entering this business completely understand what advanced commissions or charge back is before signing the contract. Now if the person worked in the industry for 6 months and decided to quit, and put in a bunch of fake applications to get advanced commissions and quit, I would fully support the insurance company. We have contract law for a reason. If you go to a doctor and they give you a medicine and you take the medicine without reading and comprehending every word in the prescription information paper, you can still sue the company later saying you did not read or you could not have expected to undertstand every word. This is the same logic here, did the person understand before signing what is advanced commission and chargeback fully. The answer in most cases here is no. Most people here started this business without understanding chargebacks.

it is a debt. He owes it. Someone is going to pay it.

I also don't feel like it is my responsibility to pay someone else's student loans just because they decided to go live by the River instead of using their degree.