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Thread: Buying Groups
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Old Mar 8, 2019, 7:36 pm
  #22  
hi55us
 
Join Date: Jun 2014
Location: PSC
Programs: Hilton Diamond/IHG Platinum/DL Plutononium
Posts: 1,728
Originally Posted by skanchur
1) Not MS.
2) You are taking all risk and float and have no recourse if the item shows as delivered and the Buying Group claims it wasn't (it does happen).
3) These groups are not transparent with their finances so if they go bust you are SOL (remember TPM).

Just my 2c.
After experiencing TPM I am actively avoiding buying groups. Glad people are flashing the warning signs. Until these buying groups open up their books and be more transparent with their cash flow I would tread lightly.
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