Paypal collections reddit. If you don't like the rules don't use PayPal.

Paypal collections reddit Is this legit? They've got an address I haven't lived at for over 6 years, and an email that isn't connected to a PayPal account. after ebay/paypal fees you're going to make about 70% of what the item is worth, this is your biggest return. The first letter was from a different debt collection agency than the second one that I just received a few All payments are handled by Braintree/PayPal, who are PCI compliant and completely separate from Nexus Mods. When speaking with PayPal fraud department I found out that I had my Identity stolen. it is possible they have but they have bad contact info. I’m actually unsure if the account went into the negative or not but ultimately this happened in 2016. If you go into debt with PayPal you have 90 days to pay the debt back and if you fail to do so or fail to at least contact PayPal, they will likely refer you to a debt collection agency. they said to contact their number but they’re currently closed and i need an answer asap. It’s never pleasant accruing debt with a company, and PayPal operates in a fairly similar way to many other businesses. They won’t send debt collectors if it is a small amount due to the cost. I'd rather pay the lawyer 50% then the collector 100% as a fuck you. At that point the collectors may do well hey mr. If you want to post a question, it is best to do so with an Paypal has kept charging me for it and now I am negative balance with a closed account. The collection agency want's their money. 13 owing to PayPal. Hi, I had a little run in with PayPal and their abysmal customer service, which resulted in a buyer cancelling a transaction. Otherwise, the case will be referred to collections and your account will be limited. Product never changed hands / never was sent, money was refunded, but I was left with a $49. Lawyer up. You have to pay them now, instead of PayPal. Edit: just saw November 26th. Yes, they are a legit debt collector. If you don't want to lose money, don't leave funds in your PayPal account. Today I got a missed call from a 888 number and looking it up, It was PayPal Debt collection department. In 2018, I opened a Paypal Credit account. Welcome to /r/Legal, a community for discussing legal topics. Try contacting PayPal support using social media such as Facebook or Twitter as this works more often than telephoning. Worst case, scenario they settle for 50% and even if lawyer + 50% = 100% of the debt. If you want to post a question, it is best to do so with an established Posts about PayPal's policies will be removed. In this comprehensive guide, I‘ll break down everything you need to know about PayPal collections, from the nitty-gritty of how the process works to practical tips for managing your account and finances to avoid ending up in So what happens when you owe PayPal money? As an industry expert in retail banking and consumer finance, this comprehensive guide covers everything you need to know In this comprehensive guide, I’ll walk through the key things to know if you’ve received a collections notice from PayPal, from what triggers it to how to resolve issues. They seem to want to handle it all on online. Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. This fraud account opened up a account in my name in 2020 and bought $1500 of stocks in March and Your account is gone. Done it many times, these purchases show up in my history on the PayPal account, this one still mysteriously does not. So I filed a BBB complaint against them, and of course, the Paypal escalations rep apologized and said my balance would be $0. 00 for each letter sent or phone call received after receipt of this letter. Junk Debt Buyers are profiteering scumbags, who've created a company whereby they purchase a bunch of unwanted accounts, in bulk, from a credit card servicing bank that has given up on ever collecting. The most common answer is to telephone PayPal support. I will have the financial ability to pay this off in a couple weeks. I assume the same situation was for me as I never once even received an email from PayPal but they want their money. I put it in the shredder. I still see people still have problems contacting PayPal. I paid for it with my card but through PayPal, like I just logged into PayPal and selected the card as the payment source instead of the PayPal balance. Now our account is closed and I’m in PayPal collections. In the end you'll have to pay that money. The only one I've had issues with is Sezzle, when I canceled my order and they kept trying to charge me, eventually sending the account to collections. No one here can fix that or offer solutions. I call PayPal, they 'transfer' me to collections and I sit. First 2 times I sat After I involved PayPal, collections from eHarmony stopped. I always paid with my debit card Posts about PayPal's policies will be removed. com/blog/paypal-is-closing-its-money-pools-service and they are clearly hoping to pick up more users following the paypal decision. Debt I've gotten a few letters from debt collectors wanting $821. No advertising, please. If this is the case, it's likely that the automated process overlapped your Add Funds and the two simply missed each other in the mail, so to speak. They probably bought it from pp for 20 cents on the dollar. It was purchased though ebay, not an independant website. Today I got a mail from NCRi saying that I own PayPal 40$ and if I don't pay within 7 days they would proceed legally. I am causious to think this is a scam, but I took the letter and information that collections had sent and validated that account information with the sportsbook support. For U. We encourage discussions on all . As a result, your account has been permanently limited and you won’t be able to Collections doesn't always mean they sold the debt; they can just contract a collections company to collect on their behalf for either a fee or a share of the debt. I've used Klarna, Sezzle, Afterpay, and PayPal's pay in 4 pretty often. I had a PayPal credit card in 2012 so they have my SSN and home address. They only have 2 years to collect. Usually PayPal will send you to collections. Just google "mrs debt collection". I had $100 negative balance before. My balance went to -$350 about 5 years ago in 2014 due to someone issuing a charge back on me. I called my bank and closed the card immediately and disputed the charges. If it’s been less than 30 days since it was sent to collections you should be able to just pay $500 to paypal directly. Or check it out in the app stores   Paypal Debt Collector help please . I am a bot, and this action was performed 6 years ago, I had a PayPal account, and at that time, it got limited because of a chargeback and the account went on a negative balance. I read somewhere that if the PayPal business account is on negative balance for more than 90-120 days, it will be send for debt collection agency. Since then, I haven't logged in on my PayPal. Here's the story: I get notifications from my bank on 01/29/2019 that someone tried to reload their PayPal account with my debit card. For context, this should be true- when I was fresh out of high school, [anonymous] had used my debit card for unauthorized purchases, causing my then-unemployed self to run out of Welcome to r/scams. Paypal most likely wont help me and from what ive read if your account is in the negative you get sent to debt collections. Get the Reddit app Scan this QR code to download the app now. The Reddit community for A dispute may end up getting your money back in the short term, but I'd caution you against relying on that as a safety net. If you don't want to lose money, don't Also, PayPal was linked to my PNC bank account directly (not through a credit card) so neither VISA nor PNC will be likely to help. No more complaining about PayPal policy and their taking funds from your account for violations of rules. Their goal is resolve a matter and close the file not ruin your credit. It was about $800, I had been paying off little by little not expecting it to go to collections but at the start of September I got the dreaded letter that my account was sent over to ACI-US. Once in collections. Merchants are still with PayPal and Zettle by PayPal can take out my ppwc payment automatically but does not recognize my sales for eligibility for consideration of a new PayPal Working Capital Loan In PayPal, it still shows the loan there and being very late and says I may be contacted by an outside collection agency. I'm not paying period and if they try and come for it. No new accounts with Paypal, and no accounts sent to collections (although maybe June 8 is too new for it to show up). I would be surprised if paypal actually called people for their accounts though. Posts about PayPal's policies will be removed. Hello, Back in December, I got told by Paypal, " After a review of your account activity, we’ve determined that you’re in violation of PayPal's Acceptable Use Policy. 18M subscribers in the personalfinance community. PayPal is pretty safe but their anti-fraud systems trip up far too frequently. View community ranking In the Top 1% of largest communities on Reddit. Suggestion: thing shipped almost 1 year ago, buyer asks where it is Scammed with the I do not believe that Paypal or the debt collection agency has my SSN, I changed my address, phone number and name on Paypal before they closed my account down, and have been issued all new credit and debit cards from my bank and told them to bar all transactions to and from Paypal. Payment in full must be received in our office on or before the due date noted above. That day I called PayPal, not the traditional way, but through another way which ill highlight through the following steps: Logging into your PayPal Account FROM A LAPTOP OR PC. Trying to settle a 20 dollar debt with collections department keeps telling me offices are closed no matter the time Debt collection, help . But other than that, yes you're right Nexus Mods is free and no Iv had lawyers remove collections or even collectors trying to put judgments on me. But Googling around, it seems that "American Coradius International LLC" is an actual debt collection agency that Paypal uses. Due to the changes, users aren’t allowed to file class action law suits. I have refrained from speaking to them in order to figure out the best way to do this. Thanks to everyone for their information! EDIT 3: PayPal's investigation ruled the transaction to be authorized as my computer was compromised and the purchase was made while legitimately logged in to my PayPal We would like to show you a description here but the site won’t allow us. I was just contacted by, according to them, a collection officer. PayPal Collections . If PayPal filed their own, only PayPal can remove it (same with any other collection agency that might have owned it). The time period on collections has long passed and my credit was never hit with any negatives. The major credit bureaus they will report to include Experian PLC, Equifax, TransUnion, and Innovis. I recently contacted paypal about this, and they said if i add funds to resolve my negative on paypal, it will fix it, but i also have a collectors company after me, so i asked paypal if i need to pay them aswell. But in many countries where paypal is subjected to regional restrictions (for eg. Please contact the moderators of this subreddit if you have any questions or concerns. Obviously that's screaming scam to me but I've read elsewhere that it's legitimate. I went through a whole battle with PayPal to show that the user did buy the watch and that the user signed for the watch (still have tracking below): I'm surprised that PayPal sent the debt to collections so fast Paypal sided with the other seller that it was fraud but because they could not get the money out of the scammers account they also sent him a collections letter. Damage is already done. maybe people dont like how they do business but thats not a scam still. I am a bot, and this action was performed automatically. unless you gave paypal your SSN, you typically can not ding a person's credit report. A promise of payment is your only leverage to get the collection off your report. If they sell your debt to a collection agency, As soon as the collection agency contacts you , do not ignore them. Which makes zero sense as well. They suggested that someone may have fraudulently opened an account in my name and that they would get the agency to stand down pending an investigation (getting that all in writing from them as well). After two failed attempts of charging my account, I’ve started to add money weekly to my balance, decreasing by $75 & $125 increments. Hey there guys, so I just had my first instance of a credit card chargeback scam, the transaction in question was 1900 US, the guy who did the scam was caught scamming other people and was banned from the forum where the Posts about PayPal's policies will be removed. take everything with a grain of salt and look for yourself to see if its true. Everything has been clean on my credit report since then. Or maybe the debt collector isn't calling on behalf of PayPal, but rather from the linked bank that was overdrafted. Slide collection of an American tourist. com it has multiple payment options including a free ach transfer, that takes 7 days, credit card through stripe, where either you or tenant pays the fee (2. It is our hope to be a wealth of knowledge for people wanting to educate themselves, find support, and discover ways to help a friend or loved one who may be a victim of a scam. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning That entire time, I had this message on my account: "Please add money to your account to resolve the negative balance. maybe a lot of things lots of people complain about lots of things being a scam. Some clients want to pay via card so I setup a Business PayPal account. I have had a PayPal account for almost 15 years now, but CS seems non existent and I never carry a balance on there. About 2 weeks ago i received letter that i owe $160 to paypal from the collector American Coradius International. PayPal have been emailing me trying to get the balance back since a month after I sold the PS5 and during the dispute but since I lost, I am now responsible. They also ask females to use maiden names on the PayPal account so they can get the roster or whatever correct. You can't collect on a debt that is not incurred. There is no collectors calling me. If you don't like the rules don't use PayPal. It was 5 years ago. However in most western countries it translates to the fact that collections will be involved. How long have you been receiving the emails? It might take time for it to get transferred and set up in their system. I received a collection notice in my mail for a PayPal account that was opened in my name with my physical address. After awhile, the account was charged off and the debt was sold to Credit Corp Solutions (CA) around March 2020. If you dispute a charge and that results in PayPal being "out" the money, they'll likely reflect that on your account with a negative balance, and if the negative balance isn't resolved within a relatively short timeframe PayPal will send you to collections. I was looking at old PayPal emails and noticed that there was a refund against my account. Lost PayPal Dispute Negative balance to collections . But I was seeing on Google some I owe PayPal money and need to pay them to access my Ebay account. PayPal says I need to pay the balance and only then can I reopen the dispute online. The collection agency will contact you. I called them up, they disclosed paypal account the case was origination from (it's paypal account of corporation i closed 6 I like and use TenantCloud. I messed up about 8 months ago. Maybe PayPal is similar. Legitimate collectors take the money from you and give it to the company for whom they do collections, and it pays off the debt. The guy I talked to last said he can schedule partial payments and paypal will charge my bank but that never happened. I live in NJ. ) a letter requesting proof of the debt and today I received a response including a letter from PayPal. This is a platform for members and visitors to explore and learn about OSINT, including various tactics and tools. His PayPal was also banned, but has no debt with PayPal. I know they had issues with PayPal before but a bit perplexed as to why its now available for delivery but not collection? 🤷‍♂️ stupidly annoying. The following is exactly how If you don't like the rules don't use PayPal. As noted, PayPal sold $332 million in severely delinquent accounts to debt buyers in 2021. Do you have something in writing from Paypal that they sold your debt to this debt collector you were working with? Also understand that some companies have their debt collections done in-house under a different name, but it's still the primary company collecting - this is common for medical debt. Depending on your collection laws the debt collectors will do everything in their legal power to collect. I went to the MRS BPO site and was able to find my account there through their online system under the last 4 of my personal social security number. That being Posts about PayPal's policies will be removed. Members Online. Nothing matters. Help Hello everyone, so i'm in germany and when I was 17 years old i made a paypal account because I wanted to sell some game account? And I did, the guy sent me the money it was like 150$ and then I sent that money to my friend who cashed it out for me, days later I see a complaint in my Email, and I went to check my Im only 17 years old and a couple of months ago I lost my debit card in a family party and somehow he/she was able to access my paypal account and make transactions, WITH MY DEBIT CARD? I thought nothing would happen if I ignored it but now i am receiving collect from ACI debt collectors for $700. This is the definitive Reddit source for video game collectors or those who would like to start collecting interactive entertainment. blues popping IT😭😭i heard from a friend w a negative balance that Paypal just sent it off to a collection agency w/o damage to their linked bank View community ranking In the Top 5% of largest communities on Reddit. Reddit's home for tax geeks I was lucky that my bMk removed the charges after I explained what was happening with paypal. Get the Reddit app Scan this QR code to download the app now PayPal will close the account and sell the debt to a debt collection company. However at this time such a call may be frutile, though you can keep trying. I sent the collection agency (ER Solutions Inc. So no more posts on this subject! Thank you for submitting to r/PayPal, please make sure you have read the FAQ. 51K subscribers in the paypal community. or maybe your paperwork was lost. Paypal collection question. Great for questions about PayPal, transactions and problems! COLLECTION NOTICE This letter serves as notification to ME that National Credit Recovery Inc. This subreddit has gone gark beginning June 12th to Try contacting PayPal support using social media such as Facebook or Twitter as this works more often than telephoning. Terms & Policies PayPal & Collection - urgh . The UI on the videos seem different and even typing "PayPal. PayPal normally will not just try to get funds from your bank account however. (OSINT) Community on Reddit. The day I got permabanned I decided to call Paypal. PayPal, where they were sued for these things, they’re still at it. PayPal collections?? Has anyone ever seen a PayPal debt in collections on their credit bureau? Related Topics PayPal Financial services Financial sector Business Business, Economics, and Finance comments sorted by Long sorry short: customer paid via PayPal, accidentally reported the charge, now PayPal sent amount to collections for me to pay Im a general contractor and typically get paid via check or cash. My paypal is currently negative but I'm not locked out yet as I have time. I am a bot, and this action was performed Posts about PayPal's policies will be removed. r/unitedstatesofindia. View community ranking In the Top 5% of largest communities on Reddit. No official letter or other, they just stopped collecting. I was told that my PayPal account was in deficit by roughly $70, and that it was two years overdue. Nexus doesn't see, store or know anything about user's credit card details. This guide explains what PayPal collections are and offers effective methods for removing them Their take on the Paypal changes are on their blog at https://www. They have my name, number, and previous address. Im not going to lie or give some excuse. Posted by u/SelectEmphasis9 - 1 vote and 2 comments If the payment was an “instant transfer”, a bank payment, backed by card — same thing — PayPal will make multiple attempts to get paid if insufficient (bank fees apply), but the difference is that if you do not add funds after PayPal’s attempts, PayPal will charge your card afterwards. in India you cannot keep money in PayPal balance) , paypal cannot forcefully so now i have a $665 negative balance on paypal (originally 650, and then 15 for their bs disputing fee). The email I received from PayPal Working Capital says Zettle by PayPal Sales will not be considered for loan eligibility. Scrolling all the way down and clicking on "Contact Us" A subreddit for Etsy sellers on Reddit to collaborate and discuss techniques and experiences selling their products and building their stores. either pay PayPal back the funds, or you will go to collections. I think i’ve called them 10 times with no sorts of help. Great. You can never use PayPal again. 9%) or PayPal where you have to pay the fee. Just got an email from NCRI (debt collection/credit recovery company out of Mississauga) saying I have a debt of $20. I'd like to know how/why they say you owe them 40K. So two years later, I received a collections notice from a collections agency for the amount. now i wonder what happens when i dont pay it back (im not willing to, since the buyer obviously scammed me as was visible in proof i provided to paypal), i dont have my bank account linked to paypal and since i am not from the US, im not sure what they will They never cashed my money order or applied it to my account. 3 separate PayPal agents definitely agreed with me on the phone today, that I owe them absolutely nothing and that my account is in good standing. Posted by u/clonerwesker - 2 votes and 3 comments If there was a problem with your account Paypal would not ask you to click on an unsafe link in an email / download an attachment OR phone them on a number in an email, they would direct you to log in normally and go to the resolution or the message centre for more information. After that its not legally collectable, but the collection agency will keep trying anyway. A few weeks ago, I received a collection notice from a company "MRS Associates" regarding a $400 debt with Paypal listed as the creditor. I do not recognize the amount, my Paypal account is in good standing, and I have never received any sort This is 3 years later. But these posts are often political or misleading. The agency is legitimately contracted by PayPal to manage debt collection but they confirmed that debt was not on my account. PayPal will back you up, but they're at the mercy of the card provider or bank. However, I successfully closed my PayPal Posts about PayPal's policies will be removed. Hey Reddit community, I could use some guidance regarding the collection statute of limitations for PayPal. Here, Paxful users share tips, discuss happenings in the Bitcoin community, and get the latest Only I had no idea why I received a letter from a bill collector in regards to PayPal as all my accounts are 0 balance (personal, business and credit account). They have to take you to court to garnish wages so at that time you could contest it with Fast forward a few months and I received a letter in the mail from collections requesting the $200 payment be paid that was owed to their client, the sportsbook app. Send them a certified letter thanking them for purchasing your debt from PayPal and tell them to never contact you again, if they do they will Incur your fee schedule at 50. I closed my Paypal account after dealing with this awful company. I had contacted both the vendor and sezzle and they could not get their shit figured out. From what I’ve heard 180 days before collections seems to be the case. 7. After PayPal settled a class action suit, Zepeda v. will the balance be sent to collections if i don’t pay it? i’m fairly young and haven’t ever experienced a collections Ebay says there’s nothing they can do because I opened up the dispute with PayPal and it’s up to the financial institution but PayPal ruled against us and is demanding $3800. Yes they can ding your credit score. aiming to bring Reddit's attention to the significance of our concerns regarding the recently implemented API changes. If you try to buy something, then PayPal will add the negative balance to the bank transfer so they get their money at that time. Welcome to the official Paxful community on Reddit. i heard from another comment that it doesn’t matter who you pay because the collectors Posts about PayPal's policies will be removed. I am a bot, and this action was performed After extensive unsuccessful internal collection efforts, PayPal may sell the debt obligation to professional third-party collectors. PayPal Here is no more. I am a bot, and this action was performed Large overdue balances – PayPal will be more likely to pursue legal action and collections on substantial debts exceeding $500-$1,000+ Consequences of Having Your Account in Collections Unfortunately, there can be significant long-term impacts if your PayPal account is escalated to collections by their internal team: It doesn't matter so much how long you will have to wait, just that you will eventually be sent to collections for your debts, and it will affect your credit. Note that they can only remove their own collection records. Absolutely nothing will happen if you don’t besides the phone calls and e-mails, and potentially not being allowed to use PayPal again No one here can fix that or offer solutions. In most countries you View community ranking In the Top 5% of largest communities on Reddit. I lost my job and needed some money so I went negative on PayPal. Your collection will be on your report for 7 years whether you pay it or not. Yes they will turn you over to collections like all companies. If the account is under your buisness name(a business which went bust), then PayPal would need to sue the business. Very important: don't pay the debt without speaking to the collection agency, and when you do speak to them don't let them talk you into making a payment! You are not calling for that. Then using collection agencies and credit bureaus (threats of credit score decreases which comes with a host of bad outcomes) to coerce people into paying these bogus debts. Watch sold to another reddit user who used PayPal, the transaction was 'flagged' almost immediately after I shipped the watch. Have you tried calling PayPal and asking them? Another thing to note this is from 3yrs ago i filed bankruptcy and PayPal should have been aware of that. Alberta , Canada. Long story short the software we relied on to deliver for clients stopped working and we were flooded with refunds and then once the cash was gone we were left with chargebacks and a PayPal balance that was negative $40k I’ve paid off most of the other debt ($47k) but PayPal has been the weird one. I incurred no debt on Paypal as it was their fuck up, not mine, that resulted in lost revenue. Now they have sent it to the collection agency. I am a bot, and this action was performed i am currently in a paypal debt of €110~ (i lost a case even though i provided proof that the package was delivered). As a first time user on PayPal you are expected to demonstrate good business standing and one of the metrics is the number of chargebacks. If you try to do business/goods and services transactions by friends and family, PayPal can disable the function or ban you for avoiding PayPal fee/high risk because people can I read online about many horror stories about PayPal's debt collectors - not only will they be unleashed to collect owed money from overdue customers whose accounts were closed, but your best bet is to figure out the chargeback and tell the collection agency its not a llegitimate debt. They seem to use stolen PayPal accounts but mail to the same address. Not withstanding is that you won't ever have a PayPal account or be able to use PayPal again. This is an educational subreddit focused on scams. If not just tell the collector you’re willing to pay the 500 and not a penny more. Still might be able to contact paypal. Since Synchrony Bank has now taken over PayPal Credit, they have begun reporting to the major credit bureaus as most credit companies do. While I had the account, Paypal Credit merged with Synchrony Bank (making Paypal/Synchrony the OC). You can wait for the call from them or a letter than discuss with lawyer for available options for you. Don’t want to get much into it but I have a negative balance of $650 on my PayPal account. Which means you are protected from personal liability. Had it for a few months and a few clients paid that way. It is easy to know that collectors will not accept the debt which is too low. r/AskCarSales will remain private Sunday Come to find out this same person has scammed 5+ people on the subreddit to get something then file a chargeback / fraud charge. i’ve frankly decided i’ll never be using them again with ebay supporting ACH, but my main concern is my credit. At this point, PayPal is no longer even the owner of the debt and the collector will definitely not be able to take money from your moms account Anyone telling you to pay is giving bad advice. What happens if I rather use Stripe and decide to close the PayPal business account on zero balance, but during the next 120 days one of the customers decides to file a dispute or a claim during this The collections department or agency will make a genuine effort to contact you to get it resolved before having no choice but to report it to the bureaus . Ontario Hey guys, I was contacted by PayPal today about a negative balance of around $350. Simple as that. Don't see how $30 becomes $400. Posted by u/PoisoNinja - 1 vote and 14 comments Yes!. I received a letter from the collections agency for the amount. If a scammer successfully does a chargeback or reversal, PayPal will debit your account. If your account was created when you were Go to paypal r/paypal • by Soft_Alternative_373. I gave PayPal a ton of evidence. All I want to do is make a new account not linked to my bank just my credit card. The cost includes investigating where debtor lives and who debtor is. Some creditors might refer it to a law firm who, despite really still only acting as a debt collector, will send demand letters or court filing drafts to compel you to contact them It's possible this could have been an internal collections agency - if the PayPal account isn't locked, then our internal teams may send letters or contact you to resolve the balance. However, PayPal changed their TOS November 1, 2012. Unless there were other unauthorized transactions on his account. I say this because PayPal seems to have dropped off big time in the last couple of years. If there's a bank account linked, contact the bank. PayPal collections doesn't work like that. , a duly authorized agency acting on behalf of above mentioned client, has received your outstanding account for collection proceedings. There is a statute of limitations. Which would mean they could keep sending letters and stuff. If you have no funds they will send you to collections. Our apologies! View community ranking In the Top 5% of largest communities on Reddit. I've never seen them actually sue anyone in court(in their own name). Someone scammed you: go after that person to get your money. Support was unhelpful and they’ve sent it to collections now. I have long suspected that many of these paypal collections are against the law in that many of the stories I have heard paypal customer gets scammed, and so does paypal so paypal looks to colect that money from the paypal customer, but that's not really a debt. me" on a search box on my browser only takes me to a screen asking me to make another account altogether. For consumer accounts, paypal typically sells the debts to third party collection agencies. After a few years, I got a collection notice from Paypal. Fast forward to now and I got my first letter from American Coradius International with collections to pay off the full debt with a partial payment. That's not only asinine, but also fraudulent. accounts, Synchrony Bank will begin reporting most PayPal credit accounts to the credit bureaus. It's a place to share ideas, tips, tricks or secrets as well as show off collections. 44 negative balance, which is entirely made up of PayPal fees. So, no worries. S. 68 from a debt owed to PayPal. Please note that Reddit automoderates posts by new accounts. There's no away around it I have to make a PayPal account. He sent me money thru Paypal and I had to buy crypto and send it to his Paypal is trying to make people pay for Paypal's negligence in keeping their own site & processes secure. I dont know what to do and I am scared to death Posted by u/taylordcraig - 4 votes and 10 comments Because as of now, the collection agency probably thinks John Smith actually resides at my address. There was a balance of around $400 I never paid off. NEGATIVE PAYPAL BALANCE They sell such debt to third party debt collection agencies. Paypal aup states “it will engage in collection efforts in case of negative balance”. " It was never referred to collections, and when my $5000 was released, it automatically subtracted the $300 and I deposited $4700. No they have no control over your account, only that you now owe them money. Now almost 3 months later I receive calls from paypal and a Debt collection agency saying I have to pay back over $1000 to paypal, since my account is in negative balance after I was defrauded after this chargeback. So no A debt sent to collections by PayPal can impact your credit report for years. collctiv. that doesnt make it true. falq vfhck zeqynr oxdud mscte zplrl lirxkvrq oiccnbhy thdkl bmbboqgh