hi my accounts minus £254 since around 20th december 2012. They payment didnt go through properly but the person was paid and a week later i got an email saying I had to try again. I plan to pay it off asap, but cant do so until the end of feb 2013 when I will have money from a new job im just starting, so thats just over 2 months ill be paying it back by. Will i get charged any extras, interest etc, or will any legal action be taken? Im in England, UK with a normal account. Any advice much appreciated. thanks
Paypal would wait for 60 days I guess (that's what I read somewhere before) if you don't add they will pass your account to clearing agency and they will follow you back to recover funds. Don't worry thats too low amount for Paypal to consider any legal action and take things serious.
In my experience, they will keep sending e-mail for money! If you're from USA or UK than debt collection agency may contact you but it happens in rare cases.