Underage Buisness

Anonymous_User
Not applicable

I'm 15 years old and professionally run an Apple Watch repair center called Porlah iRepair. I've grew up repairing Apple products to help pave my way to afford my desires. I don't want my parents to manage my account because they will make it theirs. I have my own bank account and I really need PayPal. Is their a way I can just use PayPal. I'm never late for payments. My monthly outcome is average 1,000 USD. My parents can't at all manage my money. WE aren't the wealthiest and they will resort to my personal money. They asked me once to liquidate my business to put a pool in my backyard. Please help me. 

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kernowlass
Esteemed Advisor
Esteemed Advisor

@Anonymous_User 

 

Paypal does not allow account holders under the age of 18.
PayPal asks for a birth date when you register so whilst you can make a PayPal account with false information the account will need to be verified to accept funds into your balance or lift any limits.
As you would be unable to verify your account it would be locked for further use.
Minors can’t enter legal contracts so you won’t have any recourse to get your money back.
Consider what your goals are in the long-term so that you don’t back yourself into a corner.


Advice is voluntary.
Kudos / Solution appreciated.
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