Restocking fees are charged when an item is purchased and then returned to the seller. This fee ranges from 10% to 25% of the purchase price of the item. Naturally, one will want to avoid having to pay this fee if at all possible. Following are some tips on avoiding this fee. First of all,… Read More
Restocking fees are a relatively new phenomenon in the retail world and are most commonly applied by online retailers for electronics and electronics accessories. These charges serve several purposes to the companies that have implemented them, the main two being increased revenue and return deterrence. Most states have legal policies that enable companies to freely… Read More