IMReportCard No Longer Pays!

@brotha (228)
United States
February 22, 2010 6:35pm CST
If you've read my other IMReportCard discussions, they went from endorsing them, to informing you they no longer pay for referrals. Well guys, it has gotten even worse. As of a few hours ago, IMReportCard NO LONGER PAYS, period. They took back their former system of a credit being worth 1 cent paypal cash. Now their credits can ONLY be used to buy select advertising products that they'll put up on their site. This makes it really not worth it to use the site for me. I'm lucky I managed to cash out my credits for Paypal cash the day before this change! I'm still waiting to receive it, but I'm sure it will work. I just thought I'd inform you of this drastic and potentially fatal change for their site.
1 person likes this
5 responses
@mysdianait (66009)
• Italy
23 Feb 10
That's sad news for those who are members there. I joined when it first launched and then three days later it banned all international users so I never thought it would go on forever. Seems that most sites start of huge, bite off more than they can chew and then go dowhill - all except one of ccourse, myLot!
1 person likes this
@mysdianait (66009)
• Italy
23 Feb 10
This one seemed like it was going to do better than some, though I was appalled at how they dealt with the launch, allowing everyone to join and get referrals and then ban all those who were not from certain countries There also seems to be nothing much new around either of late except a few new 'task' sites and some social sites which might never take off.
@rosekiss (30380)
• Eugene, Oregon
23 Feb 10
I ma a member there, but I haven't been in there in quite some time. I did receive an eamil today about them not paying anymore. I guess it was a good thing that I left them a long time ago then. It is inevitable that they will turn scam, and not wat paying now, would be considered a scam, especially when they have paid in the past. I quit working there, because I found it just to hard to make money there as I don't know a thingk about most of the programs listed there. I certainly don't feel like joining any of them just to get info to comment on. It just isn't worth it, and now with them not paying anymore, they certainly aren't worth it. I am sorry that has happened to you and the ohters involved with them. I don't think it is fair to change their policy right in the middle like that. What is going to happen,they are going to lose lots of member and then they might as well close their doors, as they won't have enough members to bother anumore. Good luck to you and happy mylotting.
@brotha (228)
• United States
23 Feb 10
I cut it close cashing out the day before this major update. I'm pretty upset though because I was managing to make a few dollars a day at least from their site, I had it down pretty good with some good referrals. It was really low and sketch (for lack of better words) when they changed their referral system without notifying anyone. And then this next major change happened out of the blue with no forewarning, so tons of members won't be able to cash out as they couldn't see it coming.
@sblossom (2168)
2 Nov 10
Thank you very much for your info. I joined the site one year ago and found it's difficult to make money, so I left. However I still can receive their emails.today just now I thought maybe I should give it a go. then I searched on mylot to see what others say about the site. then I read your post. After reading it I totally give up the site. I think there are many things to do and I would not waste any second on the site.
@PamelaL (252)
• United States
23 Feb 10
I think it's the only thing they could do. I pretty much lost faith in the review comments, knowing that most were commenting for money, without knowledge of the product. If one person commenting on 100 programs actually had enough money to buy all of those programs, they wouldn't be worrying about the 50 cents they made on a comment. So now, I'll probably go back there.
• Australia
23 Feb 10
Yes, it is a shame, but they had to do it because of so much fraud happening on their site. They are still a great site and they are the number one site I would recommend for anyone thinking about signing up for an internet marketing program. I guess time will tell if they lose members of this change.