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Old 09-07-2009
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Default Negative Paypal balance

One of my paypal accounts got a negative balance of $6200!!!!! It says I owe
them a outstanding balance cuz of some disputes of a couple customers!

What if I don't restore the amount back to positve, will paypal take money from my banking account?? Will paypal police come looking for me?

Last edited by hondAman; 09-07-2009 at 11:32 PM.
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Old 09-07-2009
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Paypal has no police. It's only a company.

And Yes, they will take money from the attached bank account.
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Old 09-07-2009
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Everytime I have had a negative paypal balance from chargebacks or something like that, they never took money out of my bank account. I suggest closing your bank account though.
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Im goin close it tommorrow so they can't get a penny!!!
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Old 09-08-2009
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Do you have your real info on the paypal account? Hopefully not!
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its ⊗⊗⊗⊗ info on this account, never gave them no social security.
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Old 09-08-2009
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That's good to hear! :D Close the bank account ASAP, and you should be fine.
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Old 09-08-2009
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I read since Paypal lost a lawsuit some time ago they arer no longer allowed to dip in the bank account. Although this doesn't seem to have stopped them in the past. They sent a collection agency after me, twice, but that was it.

Now I use Stealth accounts only, if this ever happens I close the Bank account just in case and say bye bye to the account. Paypal can suck up the $$$ loss.
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