Can you get scammed on thredUP?

Can you get scammed on thredUP?

Yes. Beware of thredup - they steal. They'll claim a flawless high $ item isn't to their standards so they don't list it under your account so you get no payout. Don't buy or sell from them - they're unethical & they lie.

Is thredUP a good deal?

ThredUp's selling process is super simple: Sign up with ThredUp. Some general rules of thumb are that they don't typically sell bargain brand clothing—the more expensive the brand, the better chance you have of your items being accepted—and the clothing needs to be in pretty good condition.20 Jan 2022

What percentage does thredUP take?

Varying Commission and Payout Structure: ThredUp's commission fee varies from 20% to 90% of the selling price. And the sellers' payout depends on the cost of an item. For example, for items priced at $5.00 to $19.00, sellers get a payout of 5% to 15% and so on.5 Sept 2021

How does thredUP get its clothes?

ThredUp sends a prepaid bag for you to fill with clothes. The site takes care of photographing, pricing and listing the items. If your clothes are in great condition but offseason, the site consigns them and pays you after they sell. ThredUp pay: 5 to 80 percent of the anticipated selling price.15 Aug 2017

Are thredUP clothes in good condition?

Is Thredup Legit? ThredUp is absolutely legit, I have placed 10+ orders from them. They are a great place to shop for discounted pieces from the comfort of your own home. When it comes to selling your items on ThredUp, their practices do start to get a little suspicious as shared in more detail below.15 Oct 2020

Does thredUP sell fakes?

thredUP puts quality and authenticity first. We accept items in excellent condition—there should be no holes, pilling, stains, signs of wear, or missing labels. In addition, our staff of highly trained authenticators ensures that there are no signs of counterfeit.

What does thredUP do with unsold clothes?

UNSOLD ITEMS NOT DONATED TO CHARITY And how about this, after your item does not sell on consignment within the allotted period, then thredUP just owns it and can sell it for its own monetary gain. Items are not then donated to charity.2 Oct 2019

How does sending clothes to ThredUp work?

The Donation Clean-Out Kit is what it sounds like. You can send in women's, men's, and kids' items. Instead of earning any money, thredUP says it will give $5 per bag on your behalf to a charity of your choice and responsibly recycle the items you send. You'll also get a tax receipt.11 Sept 2020

Do you have to pay to use ThredUp?

While selling on thredUP is free, you'll have to wait a few weeks for your bag to be processed. Expediting your bag will get your clothes processed faster, but it comes with a $16 price tag that's deducted from your earnings. Whatever you choose will help you get rid of extra clothes and declutter your closet.9 Apr 2021

Are the clothes on ThredUp used?

“ThredUP wants your stylish, high-quality & gently used clothes that are freshly laundered, brand name women's and children's clothing, handbags and shoes in like-new condition.” Of all the clothes that I sent to ThredUP, a whopping 40% of them were either brand new or worn less than 7 times*.26 Mar 2017

How do you pay on ThredUp?

For customers shopping within the U.S., we accept most major credit cards and debit cards. This includes Visa, Mastercard, Amercan Express, Discover, and JCB. We do not accept prepaid credit cards without a registered billing address. You may also complete your purchase with PayPal, Amazon Pay, or Affirm.

Is ThredUp a public company?

One recent IPO is ThredUp (NASDAQ:TDUP), which went public in March and is slightly up. Let's see what might cause investors to take a closer look.5 Oct 2021

Is ThredUp owned by Walmart?

Walmart has struck a deal with ThredUp, a secondhand seller of apparel, shoes and accessories. The collaboration expands the big-box retailer's online fashion offerings.27 May 2020

Is ThredUp a private company?

As a private company, ThredUp raised at least $304 million in funding. Among the largest stockholders in the company are Trinity Ventures, Redpoint Ventures, Highland Capital Partners, Upfront Ventures, Global Private Opportunities Partners, and Park West Asset Management.26 Mar 2021