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
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!
Paypal Phone Number
It’s obvious that PayPal doesn’t want you to find their phone number or they would post the information on their web site. It’s hard to understand why a company such as PayPal does not have phone numbers posted on their web site.
Here are two PayPal phone numbers: (402) 935-7733 and 877 672-9725.
Keep in mind that you can experience hold times that exceed 30 minutes. This will give you plenty of time to calm down and absorb the realization that you just lost control of your money and the credibility of your business.
PayPal Phone FraudBy Dean I recieved this email when selling an item on ebay: ——————————————- Dear sir/madam Please let me explain the situation 1st: I was planing to make a small birthday gift to my cousin whos...