Class action lawsuit against PayPal
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Hello all, I’d like to reach out to everyone who is tired of PayPal’s sick policy and sketchy business. Here what lead me to this: I was paid by 2 friends money as friends and family. When I went to withdraw the first payment to my bank they said there was a 72 hour delay plus the 1 day to withdraw if they didn’t find a issue. The second one I withdrew to my debit card and they also placed a 3 day delay. I have already talked to an attorney and it appears it isn’t the first time PayPal is sued for placing unjustified holds on funds. It appears PayPal is only holding funds to gain interest from the money. Also: it states in PayPal’s policy’s that holds are randomly placed to a very small percentage, yet both of mine in different days were placed on hold. Fun fact: PayPal has already been sued in 2015-16 for these same unjustified practices.
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You still have my account locked even though I fully complied with ALL you asked me to do...as of today, I will seek legal action. There is NO EXCUSE to freeze the account of a client who has been loyal to you since your company began with NO WARNING. I was first told the "review" would take 24-48 hours; I was then told 7-14 days; last I was told 180+ days or more. I have filed a complaint with the FTC and my state attorney general's office and am consulting with a class action lawyer today. Enough is enough.
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You still have my account locked even though I fully complied with ALL you asked me to do...as of today, I will seek legal action. There is NO EXCUSE to freeze the account of a client who has been loyal to you since your company began with NO WARNING. I was first told the "review" would take 24-48 hours; I was then told 7-14 days; last I was told 180+ days or more. I have filed a complaint with the FTC and my state attorney general's office and am consulting with a class action lawyer today. Enough is enough.
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Let me know if anything comes of this. PayPal's policies cause undue harm and financial stress to it's users on a regular basis. This fraudulent practice must be stopped. I will 100% join a class action suit against them. Thanks
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