 | | Suspension of English factoring services
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It pains me to let you know that due to a serious imbalance of payments, and excessive currency risk, I have to ask for a suspension of factoring services for deals involving english sellers and non english buyers. This is due to all my factorees in (...) (25 years ago, 21-Mar-00, to lugnet.market.services)
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| | Re: Suspension of English factoring services
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Why just England? What about the rest of the UK? :-) Scott A (...) and (...) services (...) with (...) keen on (...) not (...) and (...) else. (...) cheap (...) (in (...) emitting (...) because (...) rate (...) just (...) become (...) by (...) isn't (...) (25 years ago, 21-Mar-00, to lugnet.market.services)
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| | Suspension of UK factoring services (was Re: Suspension of English factoring services
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(...) All of the UK. Wiseguy. You're a good part of the problem, you know. Perhaps if I'd suspended just Scotland a while back it wouldn't have come to this. <no smiley> ++Lar (25 years ago, 21-Mar-00, to lugnet.market.services)
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| | Re: Suspension of UK factoring services (was Re: Suspension of English factoring services
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"Larry Pieniazek" <lar@voyager.net> wrote in message news:Frs0sG.25K@lugnet.com... (...) I'm sure matters have been made worse by the recent exchange rate fluctuations. As a seller it is good news for me, but as a buyer it stinks. It also makes the (...) (24 years ago, 21-Mar-00, to lugnet.market.services)
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| | Re: Suspension of UK factoring services (was Re: Suspension of English factoring services
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(...) and bad news for Simon. If you want to make money on the exchange rate, that's great. Go play the currency markets. But don't make money at Simon's expense, please. That's not fair to Simon or to the rest of the community which is now blocked (...) (24 years ago, 21-Mar-00, to lugnet.market.services)
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| | Re: Suspension of UK factoring services (was Re: Suspension of English factoring services
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(...) that's (...) expense, (...) now (...) you (...) don't (...) I'm not sure what you point is. I reckon you've handled small minority of my sales, and none of my purchases. Each of the times I have used your service it has been because the buyer (...) (24 years ago, 21-Mar-00, to lugnet.market.services)
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| | Re: Suspension of UK factoring services (was Re: Suspension of English factoring services
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Scott, Maybe Larry and you and the LUGNET community would all be better off if you two had a private discussion. My 2 bricks, Scott S. ___...___ Scott E. Sanburn-> ssanburn@cleanweb.net Systems Administrator-Affiliated Engineers -> (URL) Page -> (...) (24 years ago, 21-Mar-00, to lugnet.market.services)
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| | Re: Suspension of UK factoring services (was Re: Suspension of English factoring services
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(...) In mid Jan Simon was in the black (he owed me money), now he's 1K in the red. (I owe him) Just 4 transactions account for most of that 1K (along with a bunch of small ones that wash away to nothing, net) 2 of them are yours and are for about (...) (24 years ago, 21-Mar-00, to lugnet.market.services)
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| | Re: Suspension of UK factoring services (was Re: Suspension of English factoring services
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"Larry Pieniazek" <lar@voyager.net> wrote in message news:FrsIwu.53o@lugnet.com... (...) my (...) red. (...) bunch (...) for (...) And yesterday I offered to transfer that 1k (although I did not know the amount at that time) into the UK for the (...) (24 years ago, 22-Mar-00, to lugnet.market.services)
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| | Re: Suspension of UK factoring services (was Re: Suspension of English factoring services
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Time to eat my words. (...) I didn't see that at the time that I let myself get all hot and bothered. But even if you hadn't offered I still was over the top. I apologise. (...) Hopefully not, as the overall issue is important and your ideas would (...) (24 years ago, 22-Mar-00, to lugnet.market.services)
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| | Re: Suspension of UK factoring services (was Re: Suspension of English factoring services
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OK, since this discussion appears to be to some extent about me, I may as well make a rare excursion out of loc.uk :) Larry's factoring service is a great service, offered at an extremely good price (Larry seriously charges a fair bit less than I (...) (24 years ago, 22-Mar-00, to lugnet.market.services)
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| | Re: Suspension of UK factoring services (was Re: Suspension of English factoring services
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<topped> (...) <tailed> I feel I have not "gained". The buyers who use the service, at their choice, to pay me may well have gained through lower transferral charges (although I know this may not be the case). When I sell an item, I set a price. The (...) (24 years ago, 22-Mar-00, to lugnet.market.services)
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| | Re: Suspension of UK factoring services (was Re: Suspension of English factoring services
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(...) The lower prices caused by the lower costs of money transfer if you use the factoring services was what I was getting at. You and the buyer have both as far as I can see gained through that. The buyer gains through only paying a charge of a (...) (24 years ago, 22-Mar-00, to lugnet.market.services)
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| | Re: Suspension of UK factoring services (was Re: Suspension of English factoring services
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Simon Robinson <simon@simonrobinson.com> wrote in message news:Fru7CD.17H@lugnet.com... (...) choice, (...) (although I (...) I (...) on (...) My banking costs for US$ Money Orders are nil, other than the cost of mailing the MO to the bank. IMO's (...) (24 years ago, 22-Mar-00, to lugnet.market.services)
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| | Re: Suspension of UK factoring services (was Re: Suspension of English factoring services
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(...) choice, (...) I (...) I (...) on (...) Using the factoring service you're actually transferring the exchange rate risk from yourself to the factoree. A very simple example: you sell an item to an US friend, I mean straight sale. You both agree (...) (24 years ago, 23-Mar-00, to lugnet.market.services)
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| | Re: Suspension of UK factoring services (was Re: Suspension of English factoring services
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"Mario Ferrari" <mario.ferrari@edis.it> wrote in message news:FrvCvt.4y3@lugnet.com... (...) (although (...) me. (...) clarification (...) item (...) you (...) money. (...) The way I look at currency fluctuations is this like this: Each individual (...) (24 years ago, 23-Mar-00, to lugnet.market.services)
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| | Re: Suspension of UK factoring services (was Re: Suspension of English factoring services
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A couple thoughts on minimizing exchange rate risk: - Charge a small percentage of the transaction amount as an exchange fee paid to the factoree. Then if by the time real money is transferred to the factoree, the exchange rate has fluctuated down, (...) (24 years ago, 23-Mar-00, to lugnet.market.services)
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| | Re: Suspension of English factoring services
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(...) Simon, Larry & Lugnet, Perhaps the way to progress matters in, the short term, is to start a quota system (ie for very $1 worth of Lego a AFOL in the UK buys via the service, he is able to sell $1)? Scott A. BTW : For the sake of transparency, (...) (24 years ago, 24-Mar-00, to lugnet.market.services)
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| | Re: Suspension of UK factoring services (was Re: Suspension of English factoring services
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(...) Well it's obvious WHY - the 8880s, 8448s, and 3225s, at a minimum, have been on deep clearance in the recent past in the UK. What peeves me about this is that I asked in loc.uk for ANYONE to pick some up for me at cost plus shipping back when (...) (24 years ago, 25-Mar-00, to lugnet.market.services)
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| | Re: Suspension of English factoring services
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Larry Pieniazek <lar@voyager.net> wrote in message news:FrqyML.6LM@lugnet.com... (...) else. Are you still doing deals for UK buyers/US sellers?? I have a potential deal in the works (US$65). LMK, and I'll fill out a request. Thanks, -Rob. (24 years ago, 19-Apr-00, to lugnet.market.services)
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