Shaw Capital Management News: Top Tips in Selling your Old Mobile Phone - 0 views
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News: Top Tips in Selling your Old Mobile Phone shaw capital management factoring
shared by Shawcap Factoring on 12 Mar 12
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Shawcap Factoring on 12 Mar 12Countless of outdated mobile phones languish in cupboards and drawers across the UK, and there are dozens of websites that will offer you cash for old handsets - but are you getting a good deal, watch out for scams online. Good thing we have Shaw Capital Management here to keep you updated. In offering money for a used, frequently useless phone, mobile phone 'recycling' companies usually sell of those handset devices rather than recycling it in order for them to provide a unique perfect service. The process goes like this; Customers will enter to- the make and model of their phone, its condition, and some personal details into a website. A quote appears and the company sends out a freepost envelope. Pop the phone in the envelope, then the Customers will send it back to the company and within a few days the money will arrive via cheque or in your bank account. At least, that is how it is supposed to work. But if customers are not careful they can end up with a bad deal - or nothing at all. To test the market, one of the customers searched online and found what appeared to be a good offer: £65 for his old phone - a handset he had bought three years ago. He posted it and waited for the bank transfer. But after Cash4Phones examined his used phone, He got an email informing that "excessive wear and tear" meant the company could only give him £39.33.He had five days to accept. After He complained - the phone is virtually free of scratches and the screen is intact - the company upped its offer to the original price. On one popular phone recycling forum, we found close to a hundred similar complaints about Cash4Phones offering less than its original quote because of "wear and tear" - far more than nearly any other company. Most of the complaints appeared to be resolved on the forum after Cash4Phones increased its offer, and the company says online forums are skewed towards people who are dissatisfied. It says it has many more customers who