Paypal trying to deleverage, regardless if customers are good or not. They trying to reduce their exposure, by having a blanket boycott on sellers good and bad they will push us to find alternative finance and damage their own business, the way they have treated customers without True explanation makes us cautious using their facility at all, especially Ebay sellers which will now be given Ebay payment options.
... View more
Is likely payal expect a big Hit from borrowers that will go bust. Right now panic mode has made them turn off the Loan tap. If they do not invest in sellers still achieving volume sales they are adding to the likelihood of lower sale volumes acroos the board. Paypal capital itself maybe leveraged and may have trouble paying back borrowing themselves. With interests being historically low for long time financial institution have borrowed heavily.
... View more