Need help please ,negative balance on paypal

gorge68

negative in my paypal not my bank account , by bank account 0 money nothing in
i always do small purshas even my paypal had 0 balance and the paypal pay the seller and then take the money from my bank account

iammumtoone

Yes that is right paypal take the money from your bank account.

Have you checked you bank account balance?

The other thing with PayPal you do sometimes have to give a back up source if they can't get the money out of your bank account (normally a credit card) Maybe that is where they have taken the money from?

If they could not get the money from any where that might be why paypal is in negative but I have not heard of this before, hopefully someone else will be able to help soon.

gorge68

yes i checked my bank account only i got 3 pound and i know that and no overdraft , and i checked my paypal balance now negative 585 .
now what can paypal do with me ?? i have no money to pay this amount and never have it its very huge to me as iam on JSA
i dont have credit card
what action can paypal do ,, can sue me to court or jail or what ???

iammumtoone

I don't know what paypal will do in this situation. I suggest you pay in regular installments as long as they see you are making an effort to pay it off it might be difficult for then to take any action against you.

gorge68

any one know what action paypal can do with me ???? please

zzzLazyDaisy

I don't believe you. If you pay for something by paypal and there is no money in the funding account either the funding account goes into overdraft, or the paypal payment fails for lack of funds.

What does not happen is that paypal acts as your private banker by making a payment on your behalf and then seeking to reclaim the money from your bank account, as you seem to be suggesting.

Either you are trolling, or you are not giving us the full facts.

soolin

This will show for the seller as a bank chargeback which seller can defend with proof of posting. It is interesting to see how easy a buyer can cause a seller problems, the selelr will have seen a cleared balance and sent in good faith.

Paypal will still be trying to claim money from the OPs bank account the money is already earmarked it will just be a case of whether the bank decline to pay the DD or allow it to go and overdraw the OP. Assuuming the bank decline the OP (resulting in seller's fund being held pending proof of postage), paypal will then show the oPs paypal account as a negative balance and start usual harrassment to clear the debt.

There is a fair chance that the bank will pay as paypal will have a back up source via a card, so even if that back up source is a debit card on the same bank account that can be paid- as the bank should not refuse to honour it .

There is a delay in paypal taking funds otherwise the system would not work. So paypal consider the funding source plus back up to be 'good' and sends money, seller gets that immediately (we don't get our funds held punding bank agreement to pay).

soolin

The only reason my scenario does not work is if seller has mistakenly sent phone when payment was only an echeque.

gorge68

mr zzzlazy
i swear this what happen with me , i order i phone 5 for 585 pound and my balance on paypal was 00 and nothing money on my bank account ,and the transaction go successfuly and paypal sent me email says ,,,you have sent 585 to the seller and the next day i received the i phone
and the day after i look to my paypal balance is - 585 negative

soolin

gorge68 wrote: »

mr zzzlazy
i swear this what happen with me , i order i phone 5 for 585 pound and my balance on paypal was 00 and nothing money on my bank account ,and the transaction go successfuly and paypal sent me email says ,,,you have sent 585 to the seller and the next day i received the i phone
and the day after i look to my paypal balance is - 585 negative

Then paypal will chase you and harrass you for the money, if you sell anything then that money will be taken and there is still a chance that the bank will allow you to go overdrawn if funds were earmarked in time..

I am just hoping that the seller has invoked full seller protection on this and doesn;t lose out.