- Report: #1020544
Report - Rebuttal - Arbitrate
Complaint Review: Radio Shack
Radio Shack70 Carothers Rd Newport, Kentucky United States of America
Radio Shack Newport KY Refund Policy W/ Credit Card Unacceptable! Pay With Cash if Chance You Will Return It Newport, Kentucky
*Consumer Comment: How the system works.
I assumed the money was immediately credited last night, considering the product was in their possession.As of 2:00 PM, 2-26-13, still no credit. Called store, they said to expect a 3-5 day wait time to get credit. What??
I have never, in my lifetime, 40 years, heard of having to wait 3-5 days for a refund when the product that I bought was physically returned to "in person". They are floating my money, and probably millions of dollars, just like banks, for 3-5 days.
If I am the CEO of company on the verge of bankruptcy, I wait until I have a few million dollars "floated/stolen", then file bankruptcy.
This happened to me when a store called "Just For Feet" went into bankruptcy.
This report was posted on Ripoff Report on 02/26/2013 01:08 PM and is a permanent record located here: http://www.ripoffreport.com/r/Radio-Shack/Newport-Kentucky-41071/Radio-Shack-Newport-KY-Refund-Policy-W-Credit-Card-Unacceptable-Pay-With-Cash-if-Chan-1020544. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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