PayPal Loves Money

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

f 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!

Writer 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 bought this framing nailer from ebay, ok HERES WHERE IT GETS FUNNY. I pay for it just like one should. But I receive an empty box. I e-mail paypal to stop payment. Now a month and a half later these people finaly get back to me and tell me I cant get my $112.70 back without a police report “I had gotten one anyway” they say If I dont pay for a copy and send it to them I lose my money. I have gotten intouch with the saler from e-bay we have found the problem of the empty box UPS STOLE THE NAILER but Im a lier about my own money I think the feds should look into this Paypal has no right to keep or decided any law “I think praticing law without a lic. is illeagel ” well It seems they love to keep your money so I refuse to use e-bay and advise anyone to do the same DONT USE E-BAY