Overpaid my paypal credit, what happen next?

[Justabitofit]

As the title says, I've overpaid my paypal credit and I was just wondering if that negative balance will go away being used up once I use my paypal credit again or if I leave it and it will be put in to my regular wallet

[awesome14 · Accepted solution]

If you overpaid, you would have a positive balance. I'm not aware of 'regular wallet', sorry. It's like most other credit. When you overpay, your credit limit changes by the amount of the overpayment. And when making future payments, the amount of the overpayment is used first. 

But you should definitely examine how the numbers add up with the next payment you make. Sometimes you must explicitly indicate that the overpayment be used as part of the payment.

[ksptm4]

This is wrong information and from somebody that either has not read the question or simply does not understand how Credit works and specifically "negative" credit.

A credit line, whether with a bank or Paypal is always seen as "CREDIT", and hence forth it's not a negative balance, never has, never will be. It's a credit balance which is always positive.

If you have NEGATIVE on your Paypal Credit account, it means, as you've said you have overpaid and Paypal owes you money. I have the same issues and Paypal are a PITA to get the money out, bordering on theft/breach of FCA regulations.

Negative Credit = Creditors Owe You

Negative Debit = Overdraft and you owe the bank

Positive Credit = You owe Creditors

Positive Debit = Money you have in the bank available.

Nexty time "awesome14", do your homework instead of spitting out false made up nonsense.

Source, i work for the Financial Conduct Authority @ South Quay in London.

[KittyT]

Hi, was this resolved for you please? Same for me, and I can't find an easy way to have the money transferred back to my bank. Thanks