Can PAYPAL take out money from my bank account. read please?
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Alright here's the deal, I have a negative balance in my paypal. Paypal sent me an email saying that the card I used to make a purchase did not have insufficient funds or something. And then I guess they attempted to withdraw funds from my bank which my bank DECLINED (I'm really glad they did). I guess the reason might be because my bank account only allows direct deposit, not withdrawals =D but now paypal has locked the account, meaning I can't remove the bank account link in it nor close my account. Can I ask my bank to block any transaction activity with paypal? Just in case if they ever attempt to take money out of my account again
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Answer:
They have that right, yes, as of now, you are in default of payment. PAY THEM WHAT YOU OWE. They can cause 3 kinds of hell with your credit, and you will probably be bounced for good from PAYPAL.
Tyler at Yahoo! Answers Visit the source
Other answers
never pay paypal, they are crazy, just ask your bank to stop any withdrawals unless you personally do so.
"I'm NOT PAYING CRAP TO PAYPAL" - You will when they sue you and include interest, court costs, etc. They have the right to go after the money you owe. You're a moron.
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