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new ebay/payal

13

Comments

  • mgdavid
    mgdavid Posts: 6,711 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    girlycara wrote: »
    ............. I'm genuinely trying to open an honest and decent account here ........

    so do the honest and decent thing and pay your debts.
    The questions that get the best answers are the questions that give most detail....
  • mgdavid
    mgdavid Posts: 6,711 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    girlycara wrote: »
    ........
    My old account balance is £900 which I just don't have.
    I have a business in mind with virtually no start up costs.....

    No; you have a business in mind with a startup cost of at least £900.
    The questions that get the best answers are the questions that give most detail....
  • girlycara
    girlycara Posts: 108 Forumite
    Haha. Helpful comments only please
  • soolin
    soolin Posts: 74,972 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    girlycara wrote: »
    Haha. Helpful comments only please

    Don't do it, unless you want to lose a great deal of money.
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
  • girlycara
    girlycara Posts: 108 Forumite
    Why would I lose money?
  • forgotmyname
    forgotmyname Posts: 33,061 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Because when you build up a nice bit of money in paypal they may choose that moment to freeze it. And if you read some old threads on here, you will find plenty where that has happened and many times its always at the wrong moment.
    Censorship Reigns Supreme in Troll City...

  • girlycara
    girlycara Posts: 108 Forumite
    Yea but I won't build up money in paypal, I'll withdraw as I earn it
  • RFW
    RFW Posts: 10,491 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    girlycara wrote: »
    Yea but I won't build up money in paypal, I'll withdraw as I earn it
    You can't do that if you end up with a negative balance.
    You may get people being more helpful if you specified what the £900 debt is actually for and how it came about.
    .
  • soolin
    soolin Posts: 74,972 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    girlycara wrote: »
    Yea but I won't build up money in paypal, I'll withdraw as I earn it

    As a new seller you will be subject to a 21 day hold during which you will need to post your items, and only after 21 days will PayPal release your funds.

    eBay is harder now with more rules than it used to be, if you struggled before you won't manage it now.

    As I've already said, if you are planning on drop shipping or selling intangible items then you do not have a sustainable business model.
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
  • glentoran99
    glentoran99 Posts: 5,825 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    soolin wrote: »
    As a new seller you will be subject to a 21 day hold during which you will need to post your items, and only after 21 days will PayPal release your funds.

    eBay is harder now with more rules than it used to be, if you struggled before you won't manage it now.

    As I've already said, if you are planning on drop shipping or selling intangible items then you do not have a sustainable business model.

    Interested in why you say this? have discovered a few items that i could but that are selling for much more on ebay, was thinking of doing this, Why would you advise against?
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