SOURCE: Rechargable batteries drain as soon as they are put in the camera
Your circuit board has developed a short. There is only one way to fix it, replace the main circuit board. Buy an A530 camera with a cracked LCD online from someone, to fix it.
SOURCE: cradle not working
make sure that you didn't put the battery in backwards. It can be done and obviously, it won't charge
SOURCE: I can not get my canon DC210 batteries to charge
I have a friend who brought me his camera that had exhibied the same problem for over a year. I took it apart and found that the cable going to the charger was a bit loose. Might not be for the faint of heart, but it does work now.
First you need to take the two dark grey panels that go around the outside of the camera. Next you will have access to the rounded cover that goes above the lens. Once that is off you will be able to remove the silver cover on the left side of the camera, underneath which there are a couple of ribbon cables that go from a board inside the camera to the battery terminals and the lcd screen. Just make sure the cable is pushed in good and reassemble. There are about 18 screws you have to remove that range from tiny to tinier to tiniest, so keep track of what you are doing and good luck!
SOURCE: I have a Olympus C8080 digital camera that won't
Are you using a genuine Olympus BLM-1 or a cheap "compatible" battery. It's possible that the original fault was caused by a worn out battery, but if you've bought a cheap compatible from places like eBay or Amazon then they're often very poor quality and frequently not of the stated charge capacity. Sometimes they're not even lithium batteries so your charger and camera won't work properly with them They're often so cheap that there is no effective quality control so your new battery may well be a faulty one. There is no way that the new battery would have been fully charged after just eight minutes: although they're usually supplied with a partial charge it's nowhere near a full charge.
Another possibility is that your Olympus BCM-2 charger is faulty.
Worst of all, you may simply have been sold a pup. If the eBay seller described the camera as being in good working order then I suggest you ask for a refund and return the camera. Although private sales are "as seen" they also have to meet the sellers description. If the seller won't play ball then you may be able to claim PayPal buyer protection if you used it to pay the seller.
Your camera is a five year old model now and way outside the warranty, in the UK perfectly good used examples sell for around £125 and this is likely to be less than the likely cost of any repairs if you send it to Olympus. You'll need to carefully weigh up what you've paid so far, what you're likely to have to additionally buy just to diagnose the fault correctly and what you can get if you just cut your losses and sell the camera as is.
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