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since ‎Jun-11-2010
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Re: 21 day hold on funds???

by get_bent Member in eBay and PayPal (Archive)
‎Jun-11-2010 08:48 AM
‎Jun-11-2010 08:48 AM
That's bull**bleep**. They get the intrest. When I sold my item and I couldnt get my money I called the buyer to ask if she could check her bank statement. She went online and saw that the money was deducted from her checking account from Paypal. So let's see if we can figure this out? The buyer doesnt have the money and the seller doesnt have the money ...hmmmm I wonder who has the money? I'm no dectective but my guess would be the only one left at this party...our best pals at Paypal have the money. They have the money for all the accounts together , probably in a nice high intrest money market account where you have to have a million dollar minium balance to get the high rate of return. You guys want to make money on us, thats fine, make the hold 3-5 days based on our past history. Dont come out here and just rape us in plain daylight for 21 days and tell us the money is somewhere in hyperspace. I dont think the Paypal rep is liar, I just believe he is reading what is written in his SOP manual. We need more people to respond to this so we can try and make a change or just stop using Paypal, that might be the best option. ... View more

Re: 21 day hold on funds???

by get_bent Member in eBay and PayPal (Archive)
‎Jun-11-2010 08:27 AM
‎Jun-11-2010 08:27 AM
I sold an item through Ebay and I used Paypal for the sale & shipping. Everything was fine, I shipped the item , the buyer left me good feedback, I left them good feedback....But now over a week later and my money is "PENDING".... What the **bleep** is that? Wow I wish I could hold someone's money for a couple of weeks and get the intrest. Plus they made sure they got their fee right away. I wish their was a way to at least get back at them by blocking their fee until the money is available for us first. Paypal you have now lost me as a customer. How dare you greedy **bleep** hold up money for that long, I can see holding the money for 3-5 days as a bank would do but 18-21 day hold is just a greedy money making SCAM. Figure all the millions of dollars from all the Paypal accounts being held in their bank account for 21 days, they must make a fortune every month just on the intrest.There are other options out here and I will pursue them.... ... View more
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