A PayPal Individual

PayPal Warning

While we do not have the resources to verify each and every complaint we receive, we do believe that all reports posted here are true based on our own experience with Paypal and the growing number of corroborating horror stories we receive every day. The main subject of the majority of these horror stories is the following:

Your Paypal account can be frozen at any time, without advance notice, leaving you without your money for months (if not forever), and there isn't much you can do about it.If you would like to submit your own PayPal horror story, we would be more than happy to post it for everyone to read, providing that it is truthful and void of inappropriate language. Please feel free to submit your story by clicking Here

If you are searching for an alternative to PayPal, we strongly suggest acquiring a Real Merchant Account. CLICK HERE FOR OUR TOP PICK.

How Does PayPal Make Money With My Money?

According to the San Francisco Chronicle, there are approx. 100,000 complaints outstanding at PayPal (Are any of these yours?). In many instances disputes can run on for months leaving people frustrated and out of pocket as they are unable to access their accounts. So what happens to the millions of dollars tied up in frozen accounts and disputes? Well, here is a clip from the San Francisco Chronicle that basically sums it up:

U.S. District Judge Jeremy Fogel of San Jose refused to dismiss a lawsuit that seeks class-action status on behalf of thousands of PayPal customers nationwide. A common allegation is that the company brushes off or stalls customer grievances for months and meanwhile freezes the customer's account and pockets the interest (So that's how they make their money!). No wonder they freeze so many accounts!

By Neil

I am not a business. I am an individual. How do I get Pay Pal to drop me as a “customer”? When I try to use several sites they interfear and will not let the sale be completed because I made the error of using them once several years ago. If I don’t do the Pay Pal routine then Pay Pal rejects the sale, not the merchant or the individual. I have sent several nasty e-mails. The problem still persists. If you know how to stop this crap please tell me.

Similar Complaints

Dragging Their FeetBy Steven Russell I had an account with pay pal for some time, and was continually charged fee after fee, so when I sold individual items on ebay, I ended up losing about 150% on...

PayPal Loves MoneyWriter Wishes To Remain Anonymous It seems that pay pal likes to keep your money. This is what happened to me and now I have to bring the law into it . I...

Posted: May 9, 2012 at 11:59 am