Let me explain to you a problem I've experienced with ebay and paypal since June this year.
During June I sold 6 items on ebay which we're around £500 each, paypal then limited my account due to receiving a large amount of money in a relatively short period of time. I did everything they asked such as providing invoices, tracking numbers, receipts but my account remained limited. My paypal account has £1400 in which I am unable to withdraw until 180 days have passed (since June). Because of this, my ebay account became limited also (due to their relationship) so I have been unable to buy or sell anything since June and I was left owing just over £100 of ebay fees, which I duly left and ignored seeing as my main method of payment (paypal) was not accessible.
I've contacted the Financial Ombudsman to see if they could help but Paypal are sticking to their guns and are not going to give me access to my money. Out of anger I've simply left my ebay account to rot and have been receiving their customary 'your fees are long overdue' emails which I have ignored.
Today I received a letter from Newman Debt Collection asking me to pay them. I'm more bothered about my credit rating which should be excellent, and I don't really want it tarnishing.
Should I bite my lip and pay up, bearing in mind even after paying these damn fees my ebay account will still be suspended or ride out the storm until December when hopefully I will gain access to my £1400 in paypal's piggy bank and have both ebay and paypal suspensions lifted?
Any advice is much appreciated!
Many thanks and kind regards,