PayPal Chargeback TO MYSELF ?!

soolin

Danny__ wrote: »

its not is account that is in debt, it's mine ! his account has the £650! - However, I can't withdraw this as it is also limited.

Go do your exam and come back when you've finished.

It is your friends debt though, as it stands at the moment you have given him £650 which has left you overdrawn- but your £650 is currently locked in account A.

So all you can do is as I first suggested is to borrow £650 to put your balance back to zero. Then wait 180 days for the balance to be released on account A and repay your loan.

If original owner of account though funded the £650 via a card or bank transfer then when released the money may well go back to ththe original funding source leaving nothing in account A.

paulc333

onetwothree123 wrote: »

You have a lot to learn about how the law works ,jeez oh, no one is permitted to open Paypal accounts under age 18, and no one is allowed to use them as a 3rd party to access at will, unless you are some sort of business and more than one employee has access I imagine or have the right of attorney for someone. Personal Paypal accounts are for adults only, 18 plus, and are non transferable between friends and family members, no one else is allowed to have access to your personal password /balance and transfers, IF there even is a 2nd person, Paypal obviously suspect you opened two accounts or hacked someones , if someone knowingly permits you to use their account, they have invalidated all their rights to make a claim for chargebacks due to fraud, as they have given their secure information to someone.

This is a black mark that will stay on your future credit applications or your parents may be the ones who have to take the flak and end up credit blacklisted as presumably they are in the loop or at least, if you stay at home with them, they will be soon realise something is wrong, if any letters arrive .

£650 is a big amount and they maybe never checked the accounts standing but this big figure being transferred from the same IP address would have flagged up immediately on their radar.

This is scaremongering of the highest order!
I advise you to be aware of the law before advising others to be.

NO ONE has a credit agreement with paypal, paypal accounts do not appear on credit reports whether positive, negative or defaulted!.

The only way this would hurt a credit report/score is if a dca took it to court, won and got a ccj(or country equivalent) against the op. This is a slim possibility but very unlikely.

None payment could easily lead to blocked eBay and paypal accounts for all connected to the addresses though.

purple321

Danny__ wrote: »

its not is account that is in debt, it's mine ! his account has the £650! - However, I can't withdraw this as it is also limited.

I know his account is not in debt but that is the one with the money in it that is limited so your friend needs to fix this so that he can get the money he owes you out! Yes at the moment you have the debt but it's your friends debt that they should be fixing!

cootuk

Why didn't your "friend" withdraw the £650 from their paypal account...would have been far simpler and not involved you.

soolin

cootuk wrote: »

Why didn't your "friend" withdraw the £650 from their paypal account...would have been far simpler and not involved you.

That's why I have a problem with this story, and also shows exactly why the original payment will be on a 180 day hold.

depending on funding source the original payment can be charged back up to 180 days, so if account holder A is dodgy, they send £650 to account B knowing it will be charge backed, get account holder B to withdraw the money, and then let the original payment go back to the original funding source.

They have effectively stolen £650 from account holder B.