Paypal negative balance

[Kegimus]

Hi, got an update

- I messaged PayPal on fb messenger a couple of weeks ago and stated my email and that I’m from uk and they sent me this message...

 

Hi Craig, we appreciate your patience as we've been working through our messages.

Thank you for contacting us about the negative balance on your PayPal account.

If your account shows a negative balance for more than 120 days, your account functionality might get limited.

 

To restore your balance you can add money from your bank account.

Incoming payments can also restore your negative balance of course.

 

-Intars, so from that the Irish collection team who speak on the phone are liars who say the 120 day period doesn’t work and my debt would probably be handed over within a month or so, I have asked PayPal to tell me when the 120 day period started and take it from there.

[Kegimus]

Has anyone ever gotten as far as receiving letters from dca etc? I’m not at that stage yet but no matter how many times you say you can only afford so much a month they say account may be limited or debt will be moved over after a month or so? Please help

[dx100uk]

kegimus

will you please stop starting new threads on a subject you already have one running for

that's the 4 time you've done it

keep to ONE THREAD.

 

if you go back to post 1 now

and re read your thread

it answer your current repeated question already.

 

pers I'd stop paying and totally ignore everyone.

 

dx

[Kegimus]

Yes but no one has replied with a story about themselves being at that stage and I haven’t paid since 20th but what happens if I do get phone call and letters etc I don’t want a knock at the door because I have ignored everything and my marriage could be in danger maybe

[dx100uk]

So you've not read your thread then

Post 4

[Kegimus]

Yes but with my luck atm I wouldn’t be surprised if it was less than one month and not 6, 6 would be nice as I would easily pay it off by then, so even if a letter from dca arrives saying we will be round to your door in a certain period of time do u still ignore it then?

[dx100uk]

they are powerless

ignore stop payments

sorry but you've been had from day one

regardless to the reason behind what you owed

which we still don't know the full story of....

[aburobert]

I have been in your situation and currently have a Paypal account with a substantial negative balance. As Paypal have frozen the account I was unable to pay anything into it to reduce the negative total and have given up trying to do so.

 

Paypal passed my account to two different DCA's - both of which are offshoots or affiliates of Paypal themselves. All their letters and phonecalls went unanswered or if they caught me on the phone I refused to go through their security procedures simply stating I was refusing to divulge such information over an open phoneline to someone I did not know.

 

There were the usual threats of possible further actions and visits none of which materialised. As this negative balance is now well over two years old it is a dim and distant memory. I have another paypal account which was easy and problem free to open - despite the negative balance account. All you need is a different email address and bank account!!

 

Paypal have never (to my knowledge) taken anyone to court either themselves or their in house DCA's. The likelihood of them doing so is as remote as you winning the jackpot on the lottery or the Ayatollahs in Iran converting to Christianity.

 

So simply forget about them and move on. Or if they still allow you to pay into the account (unlike me) and you wish to do so simply pay them what you can realistically afford and no more.

[dx100uk]

there are no DCA's that are affiliates of PP

there cant be PP are luxy based.

 

dx

[Kegimus]

Thanks for reply, yes I am still able to log in and pay and I can have it paid by the 5th of January! 2 payments of £145 and il be back to £0

[dx100uk]

well just do it and ignore the silly letters calls or anything else

 

dx

[renegadeimp]

paypal claim i owe them a few thousand. They sent it to a DCA (akina, or whatever theyre called) and the DCA sends a couple of letters and thats it.

 

I'd just ignore them totally and keep the money in your pocket. They wont do anything to you. They prefer to do what they are doing right now. threaten and scare you, with no proof, into paying a debt you dont even know is legit.

[Kegimus]

I know it’s legit because I deposited funds to my betting account even when I knew my bank was at £0, iv Just had a phone call from PayPal regarding negative balance and said because it’s been negative for 28 days now it’s a high risk it could be limited or passed on to dca, I just said I could make a payment of £10 and I won’t be able to pay it off untill January

[dx100uk]

boring unsubbing as you just wont listen.

 

dx

[fkofilee]

I know it’s legit because I deposited funds to my betting account even when I knew my bank was at £0, iv Just had a phone call from PayPal regarding negative balance and said because it’s been negative for 28 days now it’s a high risk it could be limited or passed on to dca, I just said I could make a payment of £10 and I won’t be able to pay it off untill January

 

Kegimus

 

We are happy to help where we can, from experience, I have seen Paypal force these accounts to a DCA but they never go anywhere. Realistically look at the impact here - They dont report on your CRA so they cant trash it.

A DCA will just send you a letter and make a call etc and you can tell them to go whistle. Ignore Paypal as they will just go through the process..

 

TL;DR - Simple - Just ignore it and stop getting stressed.

[Kegimus]

Ok thanks will ignore them and see what happens in next few months or so.

Edited November 24, 2017 by fkofilee
Post Cleanup

[Kegimus]

Hi update from me, I paid off the remaining balance in full to avoid hassle and feel 10x better about it

[renegadeimp]

Hope you paid that to paypal, not the DCA.

 

But good to see you got satisfaction anyway Thanks for the update.

 

By the way, you wouldnt have got any hassle. You get 3 letters from the DCA and thats it.

[Kegimus]

Yes paid PayPal, balance is now £0 and phoned them aswell just incase to confirm no letters were being sent etc, it never got as far as dca being involved

[renegadeimp]

in that case well done.

[mariner51]

So why imply Paypal had transferred your debt to a DCA?

Sounds like you cleared your debt just to maintain your Pay pal a/c.

What happened to 'I can't clear debt until Jan 18?

[Kegimus]

I paid it off and just made use of the money I had left over to keepmegoing

[Kegimus]

I’m all clear since I paid it off, better to be safe than sorry and just survived on what money I had left over untill next payday

[Throwaway]

Did you enter a payment plan with the DCA?

[Kegimus]

No I just paid the balance off way before any of that happened just to be safe