 >> Just NOBODY Likes Ole Paypal!!!
I just read about our friend over in another forum.. Seems like nobody has anything good to say about them!!
We periodically review our customers credit card accounts. We recently reviewed yours, and at that time, noticed that you had not used the credit card account listed above for the last several months. Due to inactivity and factors related to credit risk, we closed your account on July 17, 2008. The following event(s) or circumstance(s) were identified in your credit history and were among the reason(s) for our decision:
1)Proportion of balances to credit limits on bank/national revolving or other revolving accounts is too high
2)Amount owed on revolving accounts is too high
We assure you this closure will not appear as a negative mark with the credit bureau reporting agencies, nor will it negatively affect your status with these agencies.....BLAH BLAH BLAH
Paypal is crazy. They dont even report my card to any of the 3. Go figure!
oh yea. you're not alone. just search for paypal here. Tons of horror stories!
PayPal/Ebay switched to GEMB a couple of years ago.
I have one other theory about what might have caused this sudden shut-down; what if it was one of or a combination of these three things ?
(2) (large amount of) money being moved into/out of paypal
-Using paypal for a large funds withdrawal (anything with large paypal transfers will always look risky)
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