I know this topic is a few months old, but I was wonding if anyone new what really happens when you default on a Winning item with GovPlanet?
I mean can they Charge my Credit card the amount for their ridiculous $1,500 fee or do they just report to the credit agencies and ruin your credit? I means what their power limit?
I saw your PM. The short answer, anybody can try to do anything they want. Businesses now a days like GP and most use fear to try and force you into their BS. You can write anything you want but what do the federal laws and laws of your state say.
Just call your credit card company and report the card lost or say it may be compromised and stop all payments. Get a new card number and problem solved.
The long version:
Did you pick up anything from them? They may try to argue they did a service for you but really WTH could they seriously debate with a sane person that would justify $1,500.
Take banks and the dishonest things they do with credit cards. The get away with it mostly by people fearing the system just like you are here. Then finally sometimes they do something that just pisses enough people off to where a group gets together and pushes back and they end up getting fined.
In my case you inquired about, just like a bank GP tried to change some fine print and didn't notify me or anything. I didn't refuse to pay, I called several times and did my best to try and pay and they wouldn't take it. So really how are they going to go after anything. Would an honest court really side with a company trying to charge $1,500 to somebody because they didn't want to take a credit card.
Their lame fraud bs is laughable because they will take credit card payments up to 5000 but if they took one for $5200 it would have put them at a risk?????
Again the problem is the US has gotten lazy and in this situation, 90% of the time a they will let a business or bank or whatever try to guilt them or shame them into doing something or they know a lot of people don't want to deal with a hassle, research laws or anything and they just follow their made up rules blindly whether or not laws would support them or not. When they lie, make up stuff, waste your time, it's just business and they don't think they are responsible for anything. A person does it, they play on human nature.
To me it's like an HOA. You have a bunch of BS on paper and I found out the hard way a lot of it isn't enforceable. (I was on a board of once dealing with all kinds of issues.) What I found is the guides work for the most part based on fear. When it comes down to it all an HOA can really end up doing is taking you to court and try to over take your house. What I found is the boards have to use tactics like you signed an agreement to move in here or they threaten members with fines. When you get in a situation where people say F U, then you have to pretty much start accessing which things you think you can win in court.
For example, not paying dues, you can't let that go being on a board and have to pursue it. But somebody parking their car on the street, no mowing the yard or mulching, courts around here are not going to uphold any type of fine and especially not force a family out of their house over it so you just keep sending the reminders.
What I figured out is things like parking on the street were clearly in the bylaws but the HOA never really did anything about it. When pushed after years the management company stated the roads are city and they can't enforce it because of city laws. So my response anytime they brought up how we signed an agreement, part of that agreement was no parking on the street so if they don't enforce that they are in breach. Some areas may have court and laws that side more with HOA's.
SO like you're question, if you really want to know the answer, getting it from somebody on here is an opinion. Unless it's a lawyer who lives where you do and knows your state and the federal consumer protection laws nobody is going to know.
If you want my opinion, we all are businesses this day and age. You have to be if you want to have a family, place to live so I treat these situations like a business just like GP or a bank or anybody else does that will screw you in a minute if it costs them a nickel they don't want to spend. A lot could care less about a perceived right or wrong.
So what's in your companies best interest. If you realize the purchase doesn't make the best business sense for your company, then factor in the pro's and con's. You want be able to purchase on the account anymore. (Sometimes I'm not so sure that isn't a pro.)