Originally Posted by
BillyBaloney
Question on liquidation of VGCs:
Hypothetical - I buy two (2) VGCs @ $500.00 each.
Question - Why bother to load them onto BB at all? Simply go to WM and liquidate using 2 MOs (499.00 x 2). Simple. Is there some advantage to doing a swipe reload to extinguish the VGCs?????
Because most people do
NOT want to deal with MOs. Doing the extra work of loading to BB and paying from BB is much safer for most people than to be depositing a bunch of MOs into their bank accounts.