Today, I lost $500 in 5 minutes.

United States
March 27, 2017 2:48am CST
...No, no I didn't gamble. But I did lose $500 in 5 minutes. I liked a Louis Vuitton Tote purse, brand new on a selling app called Poshmark. The seller was selling the Tote alone, as she sold the pouch it came with already. Any purchase of $500 or more will be sent to Poshmark headquarters for authentication so you can have a worryfree shopping experience. Anyway, once a price of something you like gets discounted by the seller of at least 10%, everyone who "liked" the bag would be notified. I was notified that the seller dropped the price by 50%! I immediately inputted my card information, purchased, my money withdrew - just to find out the seller cancelled 5 minutes afterwards. She told me it was a pricing mistake on her behalf. *Darn, I knew it was too good to be true!* I checked my card, and Poshmark placed my money hold back in right after. The story of losing $500 and getting it back shortly after! Normally it takes a couple business days but it went back sooner than later so I was happy with that. But then again, I would have been real happy with a new purse...
25 people like this
31 responses
@LadyDuck (147487)
• Switzerland
27 Mar 17
At least they have been quick to credit you back. I do not buy expensive purse anymore, they attract the thieves.
3 people like this
• United States
27 Mar 17
I can wear out an expensive one quicker than a cheaper one.
2 people like this
@LadyDuck (147487)
• Switzerland
27 Mar 17
@AbbyGreenhill If I go out in a nice restaurant I wear an expensive one. When I go out as a tourist I will not make anymore this mistake. When I was attacked in Miami and my purse was stolen I was very unhappy to have used an expensive bag.
1 person likes this
• United States
27 Mar 17
@LadyDuck I would be more worried about losing my credit cards and money.
2 people like this
@sjvg1976 (18034)
• Delhi, India
27 Mar 17
Good to know that you got your money refunded soon.
3 people like this
• United States
27 Mar 17
Yes same but I'd take the purse if I had an option
1 person likes this
@sjvg1976 (18034)
• Delhi, India
27 Mar 17
@infatuatedbby hmm now you won't get it on same price
2 people like this
• United States
27 Mar 17
@sjvg1976 Yes I won't. She's selling it for double the price haha. At her price I'd better get buy a new one that comes with the pouch she's sold.
2 people like this
• Banks, Oregon
27 Mar 17
Way to give yourself a heart attack that would care me to
3 people like this
• United States
27 Mar 17
Funds were credited back But I would have really been content with a new purse too. After justifying selling my other purses of course! But a girl can't have too many purses.
1 person likes this
• Banks, Oregon
27 Mar 17
@infatuatedbby Atleast you got refunded quickly
1 person likes this
• United States
27 Mar 17
@chrissbergstrom Yes I am happy with that!
1 person likes this
@rina110383 (24145)
27 Mar 17
I'm glad it was credited back to your account.
2 people like this
• United States
27 Mar 17
Me too! It was rather quick so I was shocked! Normally there is always some sort of pending hold and would take a couple of days to process.
1 person likes this
@cacay1 (32536)
• Cagayan De Oro, Philippines
27 Mar 17
@rina110383 ,at first I was thinking she was scammed when there was a notification after few minutes.
1 person likes this
@cacay1 (32536)
• Cagayan De Oro, Philippines
27 Mar 17
@infatuatedbby You look so pretty in your new profile photo girl.
2 people like this
@TRBRocks420 (73795)
• Banks, Oregon
27 Mar 17
Glad to hear you got it back again lol. You know the old saying, if it looks to good to be true, it probably is.
2 people like this
• United States
27 Mar 17
Ah yes! It wasn't a scam post since she has good reviews. Just an accidentally price adjustment on her behalf. Though I think she wanted to do so the 150+ people would be attracted to revisit her listing but she didn't change the price back in time. I wouldn't buy it if it was a new member with just one listing. But I decided to take my chances and it didn't work out for me. Some people do score some good deals. Next time!
2 people like this
@cacay1 (32536)
• Cagayan De Oro, Philippines
27 Mar 17
@TRBRocks420 that was scary and that was real money, thankfully returned.
2 people like this
@cacay1 (32536)
• Cagayan De Oro, Philippines
27 Mar 17
@infatuatedbby aw, hehehehe.
2 people like this
@DianneN (74373)
• United States
27 Mar 17
That certainly was a fast credit. Too bad about the tote.
2 people like this
• United States
27 Mar 17
Yes it was a fast credit. Typically anything that has been deducted there is always a pending for processing back by this type nope! Same here! For a brand new with receipt, and free authentication for purchases $500+, I wouldn't be losing out! But darn, sellers incorrect pricing error. I have a hunch she did that purposely but forgot to change the price back up so that way it'd draw more attention back to her purse! Then when I asked how much she was selling it for. She said ideally $1.100. Mind as well buy the new one for $1.260 with the pouch
2 people like this
@DianneN (74373)
• United States
27 Mar 17
@infatuatedbby I am not familiar with shopping like that. I usually buy a new bag in the fall and a new one in the spring.
2 people like this
• United States
27 Mar 17
@DianneN I usually just sale on there and not buy! I occasionally browse.
2 people like this
@melissa1024 (2348)
• Beckley, West Virginia
27 Mar 17
Glad you got your money back so quickly!
2 people like this
• United States
27 Mar 17
Me too thank you!
2 people like this
• Beckley, West Virginia
27 Mar 17
@infatuatedbby You're welcome!
2 people like this
• United States
27 Mar 17
You didn't really lose the money you lost out spending it LOL.
2 people like this
• United States
27 Mar 17
I did lose it for a few minutes and I also lost out spending it on a great deal. Too bad it was sellers price error!
1 person likes this
• United States
27 Mar 17
@infatuatedbby It didn't leave your account so technically you didn't lose it.
1 person likes this
@dodo19 (31977)
• Beaconsfield, Quebec
27 Mar 17
I'm glad that you were able to get your money back. That's at least something.
2 people like this
• United States
27 Mar 17
Yes I'm happy about that also!
2 people like this
@cacay1 (32536)
• Cagayan De Oro, Philippines
27 Mar 17
Never mind what is important is your money went back not scammed.
2 people like this
• United States
27 Mar 17
Yes! I got my money back ~ thanks!
@maezee (31558)
• United States
27 Mar 17
Glad you got your money back. Thats a pretty penny for a purse!
2 people like this
• United States
27 Mar 17
It would have been!
@princemaxp (2051)
• Bhubaneshwar, India
27 Mar 17
but you didn't loose your money....
1 person likes this
• United States
27 Mar 17
I did for a few minutes It went back in after it was cancelled haha.
1 person likes this
• Bhubaneshwar, India
28 Mar 17
@infatuatedbby do you want to lose it again ??? I could help you
1 person likes this
• United States
28 Mar 17
@princemaxp No no not yet. :) No good deals haha
1 person likes this
@teamfreak16 (40502)
• Colorado Springs, Colorado
27 Mar 17
Whew. That's still a lot of money. Then again, people think I am crazy for how much I spend on bikes, so what do I know?
1 person likes this
• United States
28 Mar 17
Purses Bikes! I do want a bike, for the lake but I will wait for a deal.
1 person likes this
@teamfreak16 (40502)
• Colorado Springs, Colorado
28 Mar 17
@infatuatedbby - Now is the time to look around. Everyone is trying to get rid of last year's models so a lot of them are on sale.
1 person likes this
• United States
28 Mar 17
@teamfreak16 That would be a good start. Sadly, these purses go up in price every year!
1 person likes this
@amandajay (18072)
• North Shore, New Zealand
28 Mar 17
Omg... $500 means more than 75000 for me. I will never ever even think to spend that much on a purse...lol... But wealthy people like you, can buy...lol... If you are that much interested in online purchasing purchase from my store also...haha kidding
1 person likes this
• United States
28 Mar 17
Heheh! The original price will scare you then! I like quality purses they match with everything and when I get sick of them (which I do easily), I sell them and get a new one.
1 person likes this
@amandajay (18072)
• North Shore, New Zealand
30 Mar 17
@infatuatedbby omg... Wealthy people like you can do it often...haha.. $1= Rs.150... So hope you can imagine how much original thinga will cost me...lol
1 person likes this
• United States
30 Mar 17
@amandajay I'm not wealthy lol! How much is food and stuff there normally?
1 person likes this
@EddieHands (37858)
• United States
29 Mar 17
wow really? good lord that's a lot of money
1 person likes this
• United States
29 Mar 17
I got it back though!
@EddieHands (37858)
• United States
29 Mar 17
@infatuatedbby ok that is magical
• United States
29 Mar 17
1 person likes this
@youless (90398)
• Guangzhou, China
28 Mar 17
That purse is quite expensive and I am curious how it looks like As to me, I will not have a plan to buy it because it is too expensive for me.
1 person likes this
• United States
28 Mar 17
It's a simple Tote lol with LV print lol
1 person likes this
@youless (90398)
• Guangzhou, China
28 Mar 17
@infatuatedbby How amazing that it can cost so much with LV print
• United States
28 Mar 17
@youless $1260 plus tax Other kinds I want more pricey but I won't get it yet.
1 person likes this
• Bangalore, India
28 Mar 17
Well, you did not lose any.
1 person likes this
• United States
28 Mar 17
I did for five minutes when it processed for purchase and then the seller cancelled so I got my funds back.
• Bangalore, India
28 Mar 17
@infatuatedbby So you lost it for few minutes.. but you got at least what you had,..
1 person likes this
• United States
30 Mar 17
@ichchhe_mrityu yep however typically once you purchase anything it'll automatically take out & refund to you in a day or two pending so it was shocking to get it back within a few minutes.
@ckciasigurl (1570)
• Vienna, Austria
27 Mar 17
im very happy for you that they refund your money :) i feel you
1 person likes this
• United States
28 Mar 17
Yes, quickly money refunded which is a good thing!
• Vienna, Austria
28 Mar 17
@infatuatedbby yes because sometimes it takes 15 working days
• United States
28 Mar 17
@ckciasigurl Oh that is a long time normally 3-5 business days for a return typically
@Shavkat (56786)
• Philippines
27 Mar 17
That's really a good reaction. Good thing you have a new purse.
1 person likes this
• United States
27 Mar 17
No new purse, seller cancelled.
1 person likes this
@Shavkat (56786)
• Philippines
27 Mar 17
@infatuatedbby That's too bad. There is always a next time, my friend.
1 person likes this
• United States
27 Mar 17
@Shavkat Yes there is !!
1 person likes this
@celticeagle (117211)
• Boise, Idaho
28 Mar 17
I don't think I've ever spent that much on a purse.
1 person likes this
• United States
28 Mar 17
I don't often, just occasionally :)
1 person likes this
@celticeagle (117211)
• Boise, Idaho
28 Mar 17
@infatuatedbby ......Nice to have $$ I guess.
1 person likes this