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Old 02-09-2018
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Default Anyone ever had PayPal limit an account that has a working capital advance attached?

Long story short,

I recently had to change bank accounts on both my paypal accounts. One went ok, then Paypal limited the account asking for info, which has now been submitted and umder review.
The other had an old fone number attached and the system wouldnt delete it so I had to call paypal to manually add new bank details.
This account is in a female name, so got my wife to call.
All went well and new bank account added
however during the security checks, my name and old address was mentioned as a security question?
Obviously Im now linked with both accounts. But I assume paypal must have known this for a while?
Also, this account has a 10k working capital loan attached, which I got a year ago and has 3k left to pay.
Im now worried theyll limit this account.
Or will they wait till ive repaid the loan in full then limit it?
Or if they know Im connected with the account, why grant the loan last year in the first place?
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Old 03-05-2018
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Default Re: Anyone ever had PayPal limit an account that has a working capital advance attach

Hi,
I'm in similar situation, I have had my personal account closed, and now my business one is limited I have 10K working capital with it, I can still send the required payments, think I can do this by just manual transferring funds from bank then add to working capital, but im worried they are going to ask for the full amount back which I cant do!

what was your outcome with this? did they unlimited your account?
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Old 03-05-2018
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Default Re: Anyone ever had PayPal limit an account that has a working capital advance attach

well.....good news is this....Paypal working capital is based on your transactions. Bad news is that it is a bank and not paypal. Paypal could not care less about someone elses funds. They are not going to take on risk so you can pay back someone else.
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Old 03-05-2018
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Default Re: Anyone ever had PayPal limit an account that has a working capital advance attach

Quote:
Originally Posted by triple filtered View Post
Long story short,

I recently had to change bank accounts on both my paypal accounts. One went ok, then Paypal limited the account asking for info, which has now been submitted and umder review.
The other had an old fone number attached and the system wouldnt delete it so I had to call paypal to manually add new bank details.
This account is in a female name, so got my wife to call.
All went well and new bank account added
however during the security checks, my name and old address was mentioned as a security question?
Obviously Im now linked with both accounts. But I assume paypal must have known this for a while?
Also, this account has a 10k working capital loan attached, which I got a year ago and has 3k left to pay.
Im now worried theyll limit this account.
Or will they wait till ive repaid the loan in full then limit it?
Or if they know Im connected with the account, why grant the loan last year in the first place?
That's quite normal and this does not means it's linked

They ask these questions from electrol register since you wanted to add bank account manually
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