What would happen if i get reach my payout on 15th of this month?
By balacancer22
@balacancer22 (1148)
India
December 13, 2008 11:33am CST
Will we be able to get the money on the same day if we reach the payout on the 15th of the month..i heard that Mylot pays the users on every 15th and i have doubts on how the paycheck is actually generated in accordance with the dates..could someone clarify my doubts on this issue?
2 people like this
6 responses
@aisaellis22 (6445)
• United States
13 Dec 08
Hello balacancer22! I got confuse about it too at first. But when I reached my minimum payout, I truly understands it. If you can't reach a minimum payout at the end of the month, you won't be paid at the 15th. The cut - off is at the end of the month so even if you reach the 10 dollars at the 15th you won't be paid.
@balacancer22 (1148)
• India
13 Dec 08
Oh thats bad i thought of reaching my first payout in this month itself,but anyway i will try it to make it by next month..what will happen to the additional balance that is present in my account?
2 people like this
@theembittered (1025)
• United States
13 Dec 08
Hi balacancer22!!
Well the things here at my lot its if you have at the end of the month or before the minimum of $10 or $25 dollars or the minimum you put in your payment options! yu will be paid in the firsts 15 days of the next month! but if you dont get the minimum at the end of the month you dont get your payout! But if you reach the minimum at the 15 of the month you can earn a little more money and get more than $10 dollars in the next payment!! hope you understand me.
Well have a nice day and hope you will have a nice day, see you soon and bye bye.
Congratulations for reach the minimum of payout ;).
1 person likes this
@balacancer22 (1148)
• India
14 Dec 08
That was really,really very clear Mr.theembittered..i hope to make my first payout by this month end itself so that on Jan15th i will be able to get my first payout in Mylot..i hope there isnt any changes in the payments as a new year change as it was done in ciao a few days back...
@saundyl (9783)
• Canada
13 Dec 08
If you reach payout in a given month the payment is made on the 15th of the month AFTER so December you get to payout on the 10th of december but you still have to wait til january 15th to be paid that as they take the totals from the last day of the month. If you dont make it the total carries over to the next month.
@camomom (7535)
• United States
17 Dec 08
You have to reach payout by the first of the month to get paid by the 15th of that month.
@maygodblessu44 (7336)
• India
13 Dec 08
Hello my friend balacancer Ji,
There is very little difference in payment, myLot, no doubt pays by 15th of everymonth, but it starts its process by last day of each month, it seals all earnings by last day of each month, and by second week of each month, it sends notifications to paying agencies , depending upon each member's choice, and then members withdraw amount to their respective bank accounts, which again takes one week, so by that time, on egets amount , it comes to 19-20th of next month. Hope, I could make it clear. may god bless you and have a nice time.
@balacancer22 (1148)
• India
14 Dec 08
Ya i have got if from others also maygod..... Anyway thanks for the Info and i hope you will also be able to get your first payout in this month itself...anyway thanks again for your reply maygod.........
1 person likes this
