- Paypal will NOT try to take $ out of your bank or credit card to settle a negative balance. If you have proof of this occurring please show it, I've never seen any and I've gone to negative numerous times. Once time I had my account go to collections for 2+ years and not once, ever did paypal attempt to take $ from my CC or bank linked to the account. (I still would close your bank/cc to be 100%, never know I guess though.)
- They will send you to collections eventually.
- Once it goes to collections there are VERY SPECIFIC rules they must follow, if they do not you can fight it there and win. This is what I did. Read up on collections, and the rules for your city / state / county, do not discuss it with them over the phone require it all in writing, etc... make sure the collection company does not break any rules, provides the actual info they are required to by law, etc... I found numerous technicalities that were not followed, replied in writing, and bam they simply dropped the collections case against me and once they did that I had paypal 'look into' my collections, saw it was dropped/completed and re-instated my account.
I got scammed out of my items, and the purchase/$$ too many years ago, it sucked, and I refused to pay the ~$600 back to paypal for taking my $$ and letting customer keep the items.
- They will send you to collections eventually.
- Once it goes to collections there are VERY SPECIFIC rules they must follow, if they do not you can fight it there and win. This is what I did. Read up on collections, and the rules for your city / state / county, do not discuss it with them over the phone require it all in writing, etc... make sure the collection company does not break any rules, provides the actual info they are required to by law, etc... I found numerous technicalities that were not followed, replied in writing, and bam they simply dropped the collections case against me and once they did that I had paypal 'look into' my collections, saw it was dropped/completed and re-instated my account.
I got scammed out of my items, and the purchase/$$ too many years ago, it sucked, and I refused to pay the ~$600 back to paypal for taking my $$ and letting customer keep the items.
Last edited by a moderator: