1 800 Gold Kit

While 1800GoldKit appears to be the typical cash for gold operation, there is one major difference between this company and other standards in the industry.

Normally, when a gold seller (the customer) does not want to accept an offer made to them by a cash for gold agent, they have 10 days from the date on the settlement check to file a dispute. Some companies even require the check to be back in their hands within the 10 days, making it nearly impossible to return it in time to meet the terms of service agreement.

1800GoldKit, perhaps, is trying to take the mailing time factor out of the equation by requiring an online rejection of a settlement offer within 24 hours. Failing to log into your account to decline the offer within that 24 hours constitutes an affirmation of the offer. That means that you accept the offer without even seeing it. The company will only send a check after acceptance of the offer or the “implied” acceptance at the end of the 24 hour period.

The problem with this entire procedure is that not everyone will remember to check their email for the settlement office notice, or even have access to the internet for one reason or another.

It is possible 1800GoldKit wishes to avoid the chance that an individual won’t be able to return the check in time to decline, but it seems as though this procedure is designed more to ensure that unhappy customers will have no choice but to accept their offers without recourse.

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