Originally Posted by
BenH
..... it dawned on me that I can't find anything about this company or who runs it.
It seems they have been around a couple of years, and people have mostly good experiences, but do we know who these people are? Are they are incorporated in a state? What are recourses if things go south?
These are certainly legitimate questions. You are in essence giving a stranger your money/merchandise with the expectations of being reimbursed for it. There are instances where these groups have gone south.
Originally Posted by
cajunguy
As with most everything in this 'game'....YMMV. I've been buying for them for a few months and have also bought US Mint coins all with no issues. Always a risk when doing anything for miles and points. Do what you can afford to do and ramp up if you feel like you can.
The difference I see in buying groups versus the gift card game is that even if every modality of liquidation disappears tomorrow, the person holding a GC still has an asset that can be converted into goods or services, if not cash or MOs. That is a far cry from sending a $1000 camera to Midnight Buying Group and waiting for payment from them.
You are certainly correct that one should not go beyond what one can comfortably afford to lose
