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Negative balance URGENT

Discussion in 'Legal Issues' started by Billz1471, Jan 18, 2018.

  1. #1
    Hello on paypal there has been a dispute and has been escalated to paypal. I owe £10 to the scammer. If i dontc pay this back what will happen to me? Will debt colletors get involved?

    Thank you.
    SEMrush
     
    Billz1471, Jan 18, 2018 IP
    SEMrush
  2. wisdomtool

    wisdomtool Moderator Staff

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    #2
    For £10 not worth to stain your records with Paypal. Maybe treat this as a lesson learned? I doubt debt collectors will be involve though
     
    wisdomtool, Jan 18, 2018 IP
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  3. pmf123

    pmf123 Notable Member

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    #3
    If i was worried about 10 quid i'd shoot myself.

    Like the above poster said, just pay it.

    Is it worth losing your paypal account over?
     
    pmf123, Jan 19, 2018 IP
  4. dscurlock

    dscurlock Prominent Member

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    #4
    bad credit is still bad credit, not sure what treshold paypal uses to send
    you to a debt collector, if so, then it will be a mark on your credit report...

    This is not the road you want to take...
    It is easy to mess up your credit, and it
    can take years to get your credit fixed....

    You want to mess up your credit/paypal account over pride?

    Pay the damn £10 and move on....
     
    dscurlock, Jan 23, 2018 IP
    sarahk and pmf123 like this.
  5. sarahk

    sarahk iTamer Staff

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    #5
    Every business runs the risk of bad debt, shoplifting or some other sort of theft. Factor this into your prices & learn how to minimise the risk.

    Pay the 10 quid and move on.
     
    sarahk, Jan 24, 2018 IP
    usasportstraining likes this.
  6. robyries

    robyries Well-Known Member

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    #6
    Or you need us to send you..? Wait..I will make donations in this forum and ask user to donate £0.5/user...
     
    robyries, Jan 24, 2018 IP
  7. BoyJohnson

    BoyJohnson Greenhorn

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    #7
    You do not have a "credit account" with paypal unless you've taken their credit card options. A negative balance will sit there for a few weeks before paypal chase you down for it. They can then send it to debt collectors who may be able to mark your credit record. However, if you don't have credit with paypal they cannot mark your credit file it will be debt collectors who do.

    However, for the sake of £10 I'm not sure what paypal will do but it's probably just worth paying it so that paypal dont scrutinise every transaction you have and cause you withdrawl issues in the future.
     
    BoyJohnson, Feb 21, 2018 IP
  8. pmf123

    pmf123 Notable Member

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    #8
    This thread cost me more than 10 quid in my time
     
    pmf123, Feb 21, 2018 IP
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  9. mikebvm

    mikebvm Member

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    #9
    I hope OP is ok, he hasn't come back since starting the thread and I'm growing concerned that he may have tried to sell his body to cover this debt.
     
    mikebvm, Feb 22, 2018 IP
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  10. suwandichen13

    suwandichen13 Active Member

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    #10
    Lol, you have some points about it, the worst case is he going to sell one of his kidney.
     
    suwandichen13, Feb 23, 2018 IP
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  11. jrbiz

    jrbiz Illustrious Member

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    #11
    Well, in fairness, his weekly allowance is probably only a fifth of the total amount, so desperate actions may be his only option. ;)
     
    jrbiz, Feb 23, 2018 IP