Paypal Debt Letter
Paypal sent me a debt letter because i got chargedback.
My balance is -£20.
Will i really need to actually pay it or can i ignore it?
My balance is -£20.
Will i really need to actually pay it or can i ignore it?
Paypal Debt Letter
pay it, you got damn asshole.
pay it dummy... it's only £20
That's a first, I've never gotten one before
Pay it or you can toast your hard drive get a new identity and move to another country
LOL, just pay the 20
Just pay the 20.. Greedy bastards at Paypal will also charge a "fuck you" fee
I dont think debt collector would even take action over 20$ idk
Wouldn't worry over $20
I called paypal about having a negative balance before, apparently they dont charge you if you dont pay it but your paypal is limited until you pay it, meaning any money you send will have the (negative balance) as a fee.
Originally Posted by ff78e5bbfc3a0642
I called paypal about having a negative balance before, apparently they dont charge you if you dont pay it but your paypal is limited until you pay it, meaning any money you send will have the (negative balance) as a fee.
Originally Posted by oncagey
he got a debt collection letter.
what debt collection would buy a $20 debt? do you know how debt collection works?
paypal, sell the debt to the debt collector for pennies on the dollar so say you own $1000 the debt collector will pay a % of it so PP will take a little loss, then the debt collector goes after you for that $1000 so he can make some profit since he only spent like $800 or $500 on it but once he finds the person and get the money they make profit. if they cant get the money they will sell the debt to another collector for less then what they paid and that will go on and on untill the debt it too low no one will buy it so the last person who has it can come after you untill you tell them to stop and they have to legally/they give up. or untill you pay it.
so i have no idea why a collector would spent $5 to make $20 when they can be making way way way higher paying deals. im sure PP will take a $20 loss I know people who had $500 negative and never got a debt letter.
Originally Posted by Geecoenterprise
debt collection for $20?? no. im sure it was a letter from PP just saying you have a negative balance and you need to pay it.
what debt collection would buy a $20 debt? do you know how debt collection works?
paypal, sell the debt to the debt collector for pennies on the dollar so say you own $1000 the debt collector will pay a % of it so PP will take a little loss, then the debt collector goes after you for that $1000 so he can make some profit since he only spent like $800 or $500 on it but once he finds the person and get the money they make profit. if they cant get the money they will sell the debt to another collector for less then what they paid and that will go on and on untill the debt it too low no one will buy it so the last person who has it can come after you untill you tell them to stop and they have to legally/they give up. or untill you pay it.
so i have no idea why a collector would spent $5 to make $20 when they can be making way way way higher paying deals. im sure PP will take a $20 loss I know people who had $500 negative and never got a debt letter.
what debt collection would buy a $20 debt? do you know how debt collection works?
paypal, sell the debt to the debt collector for pennies on the dollar so say you own $1000 the debt collector will pay a % of it so PP will take a little loss, then the debt collector goes after you for that $1000 so he can make some profit since he only spent like $800 or $500 on it but once he finds the person and get the money they make profit. if they cant get the money they will sell the debt to another collector for less then what they paid and that will go on and on untill the debt it too low no one will buy it so the last person who has it can come after you untill you tell them to stop and they have to legally/they give up. or untill you pay it.
so i have no idea why a collector would spent $5 to make $20 when they can be making way way way higher paying deals. im sure PP will take a $20 loss I know people who had $500 negative and never got a debt letter.
I know how debt collections work, but it makes no sense to freak out over papypal negative balance
send them a letter back with your middle finger and 19.99$
Still got -100$ on my PP account since 2014
no worries
no worries