xBids "Warning"Major Penny Auction Scam




XBids.com is not a BBB Accredited business.



xBids has been down for 17 hours. For site maintenance, They claim. I was just talking to my Wife about this site and how bad I want to try it out. So I decided to do my research on this online auction site .We always was like to do our research on things before we just jump right in.So as I looked I found right under the site on a Google search The BBB Business Reliability Report for xBids.com. Wow Right just what I needed .I mean  They would know best right.
 A Little about the BBB you can read more on them at there site at   

BBB Structure

 BBB is the authority on trust in the marketplace.  BBB sets and upholds high standards for ethical marketplace behavior.  BBB accreditation is a coveted honor earned by elite businesses and charities.  BBB is the preeminent resource to turn to for objective, unbiased information on businesses and charities.  Our free BBB Reliability Reports and BBB Wise Giving Reports help you make the right purchasing or donation decision.  BBB is also a significant distributor of consumer and business education information and tips and alerts about marketplace scams.  And BBB offers dispute resolution programs for consumers and businesses when there is difference in viewpoints.


The first BBB was founded in 1912. Today, 122 BBBs serve communities across the U.S. and Canada, evaluating and monitoring more than 3 million local and national businesses and charities. 

I think I feel comfortable  Taking advise from them.


So I click the link And Find Out that BBB Rates xBids on a A+ to F scale Giving xBids a F.

Factors that lowered this business' rating include:192 complaints filed against business. Failure to respond to 103 complaints filed against business.Overall complaint history with BBB.BBB does not have a clear understanding of this business.BBB does not have sufficient information to determine how long this business has been operating. BBB made two or more requests for background information from the business. BBB has not received a response from this business and/or has not been able to verify information received from this business.BBB does not have sufficient background information on this business. BBB made two or more requests for background information from the business. BBB has not received a response from this business and/or has not been able to verify information received from this business.BBB does not have sufficient information to determine size of business. BBB evaluation of business is based on rating formula's smallest size classification.
This company came to the BBB's attention October 20, 2010. Complaints on file with BBB concern a $75.00 registration fee that is charged to the consumer's credit card without first telling the consumer that this fee would be taken. The company's website shows when you register, the purchase of Bid Packs are already marked for you, if you add your credit card information which is not required to register, and submit, you will then be charged for the Bid Pack that is selected. After speaking with some consumers on this issue they state that they purchased bids packs for $45.00 and were charged $75.00. Complaints also concern consumers being unable to reach customer service, emails to the company as well as phone calls are not returned. BBB has tried unsuccessfully to get in touch with this company. They have not returned calls or emails.

On February 14, 2011 BBB was informed that the address used by this company is a mailing address, only, and that they are not physically located at 1 Market Street in San Francisco.

If you have a complaint, we encourage you to file one with us. You may also file a complaint with the Internet Crime Complaint Center at www.ic3.org.

BBB also suggests reading the Terms of Service on the company's website and not providing your credit card information before you know what the offer entails.

XBids.com

Name: XBids.com
Phone: (888) 649-2437
Address: One Market Street
Spear Tower 35th Floor

San Francisco, CA 94105
Email Address: almedin@xbids.com
File Open Date: November 2010
Type of Business: Auctioneers, Internet Auction Service
BBB Accreditation: XBids.com is not a BBB Accredited business.

3 What you Think?:

penny auction scam at: June 6, 2011 at 6:30 AM said...

It's good to be always cautious. Make deals only with legit sites. You can always check around before you actually invest your penny.

Anonymous at: October 14, 2012 at 3:31 PM said...

I thought I was giving my payment info in case I decided to buy something but it automaticly took $75.00 and I could not get it back. I was very upset. I just left it alone and lost my hard earned money.

Blogger at: June 23, 2017 at 5:29 AM said...

Quantum Binary Signals

Get professional trading signals delivered to your mobile phone every day.

Start following our trades NOW & gain up to 270% daily.

Followers

Blog Archive

Popular Posts