Forum

Negative Balance
 

Hi, I created my PayPal Account to sell some items on a game that I stopped playing, I sold about $300 worth of items and used the money to buy Visa Gift Cards from Wal-mart. The Day after I order the Gift Cards I log into PayPal and see one of my payments was held($148) and that put my PayPal to $-148.00, I had a friend refund me some money which put my PayPal balance at around $-95.

All of the sales I did to get the money were legitimate, and legal. The held payment was because one of the people who bought items from me had his account limited. He's trying to get it fixed so I would get the payment un-held.

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What I had connected to my PayPal Account:

- Real Name
- Real Cell Phone Number
- Real Address
- Visa Gift Card
- ⊗⊗⊗⊗ Date of Birth

I would like to know, if I don't pay the money would paypal be able to do anything

⊗⊗⊗⊗ Date of Birth

is meant to be

F A K E Date of Birth.

The only real info on my PayPal is my name, cell number, and address

Your name and details will always be tied to a suspended account so anything you do with similar details in the future will be under tons of scrutiny. They will send letters and call that phone tons of times (collection companies will)

I an not sure but if you registered the Visa with your ssn perhaps they can get it when it comes to legal issues, again, not sure.

just pay it off with small money orders if you have to. I would just to avoid the many phone calls you are going to get for the next couple years.

Plus why would you simply throw away a good paypal account that can be fixed pretty easily over that much money. Just pay it and fix the account.

You owe it so man up. If you let it go then you are just another one of the jerks that are causing us all to have so many hoops to jump though as well. Personally I am tired of the hoops I have to jump through to open a paypal account.

For now, just relax. Paypal won't do anything for around 3 month (i think) if you don't pay up the negative balance. After a certain amount of time, they will try and charge the funds from your credit card or bank account. If that fails, collection agencies will be contacted. You have plenty of time to get your funds.

would people not paying there fees and stuff make people like us who pay our fees and do everything right, for us it gets harder to make more accounts:doh:

The problem is, I made the PayPal so I could sell a few things online then I would stop using it. I sold the items I needed to, then somebody I sold to took a payment back.

I don't have the money to pay it back, nor do I have a way to pay it back.

Solid advice here - it will go to collections and you be harassed by phone calls.

@Kingray, your quote: I an not sure but if you registered the Visa with your ssn perhaps they can get it when it comes to legal issues, again, not sure.

Careful when it comes to hearsay - these kind of statements can get some less-versed people jumping ha.

Legally speaking, with investigation etc. they could but for $95? Think about the costs involved =)

Ok, I will try to get the balance paid off, by seeing if I have anything to sell. If I can't I should only be worrying about phone calls, and letters right?

Good try to get it paid off.
Right thing to do.

Get the picture? :rolleyes:

@nuclear, even though you used a f*ke birth date, your credit history could take a hit from delinquency - you would have to look a bit deeper into that.

It could effect my credit if I only had my cell phone number, name, and home address on it?

The credit card I used on the account was one of those visa gift cards you buy for $30 from walmart.

Why would you need to make more accounts if you're doing everything right?

It's ppl making accounts with funny info that make eB crack down on honest sellers like that one that sells coupons.

You have to much real info on there to be worth stiffing paypal with the negative balance.

Do you really want all the calls, letters and suspension of linking to new accounts for $95?

Now if you were fully stealth you should refund payment and stick Paypal with the negative balance.

Yeah and be considered a criminal for fraud using the PO and US money.

You guys that seem to want to "stick" paypal with fees dont realise by doing everything stealthy and doing that type of activity is so illegal you would be surprised.

Stealth is fine but to use it to get over on a company like that for monetary gain is illegal in every way. its no different legally than using someones identity to get money. Plus you have the PO to deal with if pkgs were involved. Postal inspectors are brutal, I know a guy that used to do that. A joke really but they threw the book at people for small and large things.


Just pay the darn thing. quit worrying about whether or not they can find you.

I don't want to scam PayPal or anything but I sold the things I needed to sell, then spent the money, after I spent it one of my buyers got his payment refunded causing me to go negative.

I have no money I am able to pay the balance off with, and even if I did have money I don't have a way to pay the balance off.

If his balance is negative because he he did not ship an item, then yes, he should pay. However, if it because paypal reversed a payment or a buyer file a claim and sent an empty envelope with delivery confirmation to a random address in his town, then no he should not pay it back.

WRONG......

Paypal didnt sent the empty envelope. He has to be mad at the guys that would have sent it. Paypal isnt that person. He has to pay it regardless of how he feels it happened.

You say you cannot pay it. Get a job... sell your car, do what you have to do. send small money orders if you have to until its payed up. To say you simply have no way to pay is ridiculous. and you know it.

They clearly state the different way that a neg balance can be taken care of.

No, this is the reason the balance is negative:

I sold items on a game that I do not play anymore, a few hours after selling the items on the game I bought some things from Walmart.com, about a day after I bought the things from walmart, the person I sold the items to disputed his payment for unauthorized payment, and paypal held the money.

Doubt his paypal was truly hacked, but if it was paypal's insurance should cover it. Just send them proof you shipped to his confirmed address.
He has the item so it is between him and paypal and his credit card company now. Paypal hates to eat negative balance so they will try to steal it from you. Close the bank account attached and cancel the credit card linked to it.
All that is going to happen is harassing phone calls, so if you want to keep the phone number, make sure you can block incoming calls. That is why would should always use a tracfone or an unlocked phone were you can just throw away the sim card when its burned.

Paypal held the money from you and gave it back to the buyer correct? who has the item? Actually that doestn matter its something you have to take up with him. Paypal did what Their TOS says and you have to follow it to use their site. BUT when you (in legal terms) take their money then you havfe to pay it back. regardless of how YOU see this in your mind. I understand and would probably feel pissed too but you are expecting paypal to take the loss of a sale YOU had that went bad. Thats the simple way to put it.

Pay them.

The buyer has the item, and now has the money too.

The credit card I linked to the account is a gift card so PayPal can't do anything with that.

I don't want to pay them because the buyer paid for an item, then took the money back.

That's like going into wal-mart, buying an item, then going to the return desk and getting a refund and walking out with the refund and the item.
That guy just stole from paypal, so it is between him and them.

You will get harassing calls and all the info you used is burned on Ebay/paypal, but nothing will come of it. Move on to new stealth accounts.

KingRay works for PayPal lol.

Yeah, that will happen.

I am just tired of hoops that paypal and ebay put us through. This is one reason we have to.

Just move on then and dont pay them. If they find you then fine. If you pay it back them you would have a good standing account though.

That is worth what you lost.

Why would I pay them back?

I sold an item, the buyer got the payment reversed (he now has my item, and his money back), and paypal expects ME to pay for that?

PayPal is supposed to be safe. For sellers it's a pile of garbage

wow，this sucks， I want to make a new account，but so hard to make money

Ebay/Paypal is only safe for buying scammers who want your item for free. Between outrageous Ebay/Paypal fees and chargeback losses to scammers the margins are paper thin. You basically bust your ass to make them money and they treat sellers like ****.
That is one of the advantages of being the only viable venue in town. You can run your company like **** and still be profitable. Bigger monopolies like Microsoft, IBM, ATT have eventually been taken down a notch by competition or the government. We can only hope Amazon continues to dominate them in new item sales while ecrater or google gets their **** together to take there used items sales. Hopefully, Ebay's strategy to weed out the smaller private sellers in favor of the discount Chinese powersellers will back fire as the Chinese government promotes direct from the factory sales through DHgate and other venues. Now all we need is a bank to bank payment transfer system to put a final choke hold on the scumbags.

and its dumbasses like you that makes legit people pay higher fees...i hope you think its a dead issue, and when you plan on making a big purchase and need credit you realize your ****ed, because you didnt pay a measly $50 fee

How many times does that have to be told to you?? I already said why you should, you say you dont want to. what else do you want?

dont pay them then. its up to you. you asked what you should do and I told you.

The smart thing would to pay it back to save a good account as well. Otherwise you have to deal with the hassles of another account again. A good standing account is worth the small $95 bill you dont want to pay.

what else is there to talk about on this post??

I don't always agree with everything Kingray says (hell, I never agree with everything anyone says!) but I do agree with him here.

We are all getting f***ed over (please excuse my language) by Paypal and Ebay because they are getting f***ed over every day by every two bit scammer and con merchant on the net. Every time someone gloats about how they have ripped off Paypal or Ebay it is just one more nail in all of our coffins.

So many people come on this forum with tales of woe where they have done little, if anything, wrong. They have just become victims to the draconian rules that have been introduced to stop the ⊗⊗⊗⊗ sellers and scam merchants ripping everyone off.

And then the ⊗⊗⊗⊗ sellers and conmen come on here asking us how they can get back and rip even more people off. Once they know they just go back and do it again. Scammers please don't ask me for help because the answer is no.

Bah!!!:mad2::rant::smash:

Thank you. WOW, agreement from GT...LOL You know I love ya !!!!!!!!!!

Idiot - behave yourself or I'll send you to bed - LOL:pound: