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michaelzhou01

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Few questions on cashouts
« on: June 25, 2012, 06:56:37 pm »
I'm a bit confused on this cashout process here
So as far as I understand, cashouts are accepted around the 20th of each month
So if I cashed out on July 19, would it be approved on the 20?
Or is this a monthly thing, where each month the money is approved?

michaelzhou01

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Re: Few questions on cashouts
« Reply #1 on: June 25, 2012, 07:15:32 pm »
anyone?
help?
please?
lol

Kohler

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Re: Few questions on cashouts
« Reply #2 on: June 25, 2012, 07:23:22 pm »
If you cash out on June 19th you will be paid July 20th. Same as if you cashout June 30th.
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ernica96

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Re: Few questions on cashouts
« Reply #3 on: June 25, 2012, 09:10:20 pm »
if you click the cashout button and have enough money..it will tell you when your money will be sent to you if you cash out that day


When do I get paid?

Cashouts are approved around the 20th of the month after your request. For example, if you request a cashout today (and your account passes verification), you can expect approval on or around July 20th.
« Last Edit: June 25, 2012, 09:14:25 pm by ernica96 »

mmegel

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Re: Few questions on cashouts
« Reply #4 on: June 26, 2012, 11:53:33 am »
No matter what day you cash out in a given month, you get paid around the 20th of the following month.  So if you cash out on June 1st or June 30th, you get paid July 20th.  Hope that helps.

michaelzhou01

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Re: Few questions on cashouts
« Reply #5 on: June 26, 2012, 02:05:19 pm »
So if i requested a payout on june 30 i would be paid around july 20
but if i requested a payout on july 1st would i have to wait until august?

quietpal

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Re: Few questions on cashouts
« Reply #6 on: June 26, 2012, 02:15:22 pm »
So if i requested a payout on june 30 i would be paid around july 20
but if i requested a payout on july 1st would i have to wait until august?
Correct! You would have to wait for payment on or around August 20th.
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ESpirit18

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Re: Few questions on cashouts
« Reply #7 on: August 04, 2012, 01:24:14 pm »
Hello Guys,  ESpirit18 here,  This is my first post.  First, let me say  I love - FushionCash - as an online moneymaker its truly one of the best but, the  Cash-Out !  process is hard for me to accept.  Waiting an entire ( 2-3 weeks )  after, my request to get my money ?  C,mon !  I appeal to support for a change in this policy.  In my opinion,  ( 5 - 7 Days,  ( Max ) should be more than enough time to process my request and, get my money to my account.  ( I,m using the  ( Direct Deposit - Option ).......  Just my  ( 2 - cents ! )......     

falcon9

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Re: Few questions on cashouts
« Reply #8 on: August 04, 2012, 01:33:04 pm »
Hello Guys,  ESpirit18 here,  This is my first post.  First, let me say  I love - FushionCash - as an online moneymaker its truly one of the best but, the  Cash-Out !  process is hard for me to accept.  Waiting an entire ( 2-3 weeks )  after, my request to get my money ?  C,mon !  I appeal to support for a change in this policy.  In my opinion,  ( 5 - 7 Days,  ( Max ) should be more than enough time to process my request and, get my money to my account.  ( I,m using the  ( Direct Deposit - Option ).......  Just my  ( 2 - cents ! )......     

I'd estimate that 5-7 days would not allow enough time to review all member activity, (not just one member's cash out request).  Generally, FC must wait to get paid by the sponsors/advertisers/survey providers before we get paid and this often takes more than 5-7 days.
One can lead a horse to water however, if one holds the horse's head under, that horse will drown.

             

swogden

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Re: Few questions on cashouts
« Reply #9 on: August 04, 2012, 04:38:45 pm »
Although you have the option of getting a check, a direct deposito your bank or PAYPAL, I suspect that many of us use PAYPAL. 

FC uses a mass pay arrangment with PAYPAL where they make all of their payment once a month for a % fee and that saves us the fees on incoming funds (generally $.35 +2.9% -- if I remember correctly).  This is a big advantage to us to not have to pay those fees.  Doesn't mean they couldn't do it once a week, but they have systems in place that include a review process that works for them.

I am not concerned about waiting until the 20th when I know I will get paid and I won't have a PAYPAL fee reducing the gross payment.

Administrator

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Re: Few questions on cashouts
« Reply #10 on: August 04, 2012, 04:45:18 pm »
Hello Guys,  ESpirit18 here,  This is my first post.  First, let me say  I love - FushionCash - as an online moneymaker its truly one of the best but, the  Cash-Out !  process is hard for me to accept.  Waiting an entire ( 2-3 weeks )  after, my request to get my money ?  C,mon !  I appeal to support for a change in this policy.  In my opinion,  ( 5 - 7 Days,  ( Max ) should be more than enough time to process my request and, get my money to my account.  ( I,m using the  ( Direct Deposit - Option ).......  Just my  ( 2 - cents ! )......     

I'd estimate that 5-7 days would not allow enough time to review all member activity, (not just one member's cash out request).  Generally, FC must wait to get paid by the sponsors/advertisers/survey providers before we get paid and this often takes more than 5-7 days.
The delay is mainly to allow a systematic review of all accounts at once by the anti-fraud department, and to allow advertisers/survey providers time to reject invalid credits.  If we waited to collect every dime before we paid out... well... you guys would be quite unhappy ;)  You might be surprised to hear just how slowly the survey providers pay their bills.

falcon9

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Re: Few questions on cashouts
« Reply #11 on: August 04, 2012, 04:57:52 pm »
Hello Guys,  ESpirit18 here,  This is my first post.  First, let me say  I love - FushionCash - as an online moneymaker its truly one of the best but, the  Cash-Out !  process is hard for me to accept.  Waiting an entire ( 2-3 weeks )  after, my request to get my money ?  C,mon !  I appeal to support for a change in this policy.  In my opinion,  ( 5 - 7 Days,  ( Max ) should be more than enough time to process my request and, get my money to my account.  ( I,m using the  ( Direct Deposit - Option ).......  Just my  ( 2 - cents ! )......    

I'd estimate that 5-7 days would not allow enough time to review all member activity, (not just one member's cash out request).  Generally, FC must wait to get paid by the sponsors/advertisers/survey providers before we get paid and this often takes more than 5-7 days.

The delay is mainly to allow a systematic review of all accounts at once by the anti-fraud department, and to allow advertisers/survey providers time to reject invalid credits.  If we waited to collect every dime before we paid out... well... you guys would be quite unhappy ;)  You might be surprised to hear just how slowly the survey providers pay their bills.

Understood.  Also, the "generally" part of my comment was made to avoid mentioning what you did ... accounts receivable is typically not on the same timeline as accounts payable, (although some client-customers will pay within 30 days, others are on a 60, 90 or even longer cycle).  Account payable, (in this instance, to we independent contractors), is on an approximately 21-31 day cycle.  That means FC probably either has an accounts payable cushion or, uses factoring of accounts receivables but, the point for FC members is that we get paid much more quickly than FC generally does.
One can lead a horse to water however, if one holds the horse's head under, that horse will drown.

             

sherryfan

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Re: Few questions on cashouts
« Reply #12 on: August 05, 2012, 01:24:24 pm »
anything you cash out this month, if approves, you will receive the money around next month of 20th. Good luck to you!

ruevouge

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Re: Few questions on cashouts
« Reply #13 on: August 05, 2012, 05:52:59 pm »
Whatever day you cashout in a month period, it will be approved around the 20th of the next month.  Today is August 5th, if I did it today I would have to wait until September 20th for it to be approved.  Many people I've seen posts from wait until the last few days of a month (the 28th, 29th, 30th, or 31st) to cashout so the wait period won't be as long.  Usually also this is when the forum bonus is normally posted to accounts so it helps boost cashout amount.

dimemoney7

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Re: Few questions on cashouts
« Reply #14 on: August 07, 2012, 11:46:41 am »
Good to know that I need to cashout by the last day of the month in order to make the payment schedule for the next month.  Think I have this right, lol.
I have a cashout in progress now, So it will not make it a longer time process if I cancel this and add funds as long as it hasnt been processed yet?  I am thinking these are true.
Lot of questions here, just takes one time to clarify then everyone here will know and any future FC'ers will have our help.
Thanks for input.


New question:  I just completed the Equifax Trial and do not have anything showing for it?  How can I get some help on this?  Thank you.
« Last Edit: August 07, 2012, 12:39:17 pm by dimemoney7 »
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