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What's The Best Course Of Action?
 

Alright guys

I am wondering if anyone can kindly give me some advice please & cheers in advance..

At the moment I am looking into buyong a Stealth eBay & Paypal Account... Now I am not sure if I should buy a small one and get that one up a running to see how things works, and then invest in several more accounts of the same type..


Basically I need to be able to making £1,000 a month... Before I got suspended I was selling 250 items at £7.99 and don't know if I should split it between several different accounts or get the one that can allow you to list 200 items per month.

What I don't want to happen is invest £200+ and it all backfires on me..


Also in the smaller limit accounts how are you able to increase the seller allowances of these ones?? I have read several posts, etc saying that it's done automatically... But the last time I had to call them to increase it..

Re: What's The Best Course Of Action?
 

Well you originally want to be spreading your risk, your plan needs to be set out so that you can know how to withdraw the money from all the accounts, make sure your banks are setup.

You need the right selling limits also and want to be selling a few items per account to spread risk and not put the heat on just one account.

Re: What's The Best Course Of Action?
 

I spoke to Barclays and they said that I am allowed multiple current account these days. So the bank account side of things should be sorted :)

How do you know or find the right selling limits??

Re: What's The Best Course Of Action?
 

Well ideally you don't want to be using current accounts as there's a credit search on each account you open. Look at basic accounts, multiples of these can be opened.

If you open a personal selling account you will get 10/650, if you request higher limits you MAY get 25/750 after verifying your PayPal. If you're a business you can get higher limits, it depends how many accounts you want to be running, that's your choice.

Re: What's The Best Course Of Action?
 

has anyone dared to link more then two ebay accounts to one paypal account?

Re: What's The Best Course Of Action?
 

Just keep 1 eBay to 1 PayPal....why make it confusing?

Why increase the risk?

If one goes down they both go down, just keep it separate

Re: What's The Best Course Of Action?
 

In desperate times people do silly things, better to have warmed accounts ready to eliminate the need for radical.behaviour

Re: What's The Best Course Of Action?
 

Credit check by who, ebay, paypal??

Need to find out if I can more than one basic account with Barclays

Re: What's The Best Course Of Action?
 

No every time you open a current account the bank credit check you, not ideal

Re: What's The Best Course Of Action?
 

But that shouldn't matter if I have got good credit right??

Re: What's The Best Course Of Action?
 

Too many in a short period of time can adversely affect your credit rating.

With regards to selling limits, they raise automatically. Its up to you whether you want one high limit account or several smaller limit accounts.