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So lets just say I order records that I am 99% are going to cancel. Do they charge my card then? So, if they cancel I get credit and if they ship I get records that I have been looking for? Where's the downside to this...

HAHAHA! Welcome to this thread.  We've been doing this for like 9 months now.

 

But seriously, do they charge your card at the time of order or if/when they ship?

Sorta.  Its like they put a hold on your card for the purchase amount... it shows up on my online statements, but when cancelled it shows credited back.

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But seriously, do they charge your card at the time of order or if/when they ship?

 

What's been happening for me is there is a pending charge put on my card at the time of order and then it drops off/disappears after 4 days or so, so if the order ends up being cancelled after 2 weeks or 4 weeks there is nothing to credit back. 

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Hahaha. Wow.

 

So, I used three codes to order Kevin Devine's Bubblegum for 99 cents, but I accidentally ordered Bulldozer. Called customer service, they told me to order Bubblegum again, and they'll send me a 20 dollar coupon with that order. They're trusting me to cancel Bulldozer, but I may just keep that for 99 cents.

Now, I just realized this means I'm actually spending real money, but long run it'll probably save me money since I'm sure there's a record I'll want to buy eventually I'll use it for that I would have spent real money for anyways. 

Customer service guy was super nice as well.

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had a record that was supposed to cancel tuesday and another wednesday but neither of them did. got cancellation emails for both today at the exact same time, I don't get it haha we'll see if I get 2 codes tomorrow or not

That happened to me a few days ago and I got two codes! So you should be good.

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