Wow! I'm really shocked to see that so many people are having this same problem. Here's my problem. There were two actually. First, I sold an item in hopes to use the funds to buy another item. I sold the item, received payment that day, and then shipped the item the same day. Then later that night bought the item I was going to buy using the funds I assumed were in my Paypal. I had not been notified that my payment was on hold, so I initiated a payment out of my Paypal money that was on hold, which meant that Paypal redirected funds from my checking account. Unfortunately, I didn't have enough to cover it in my checking, so I incurred a $30 overdraft fee. In the second instance, I sold an expensive item that costs alot to ship. I really need that shipping money to ship it. That's just common sense of course. So now, funds on hold again, I can't afford to ship the item without having to take money of my savings account which is for school in hopes that the buyer will leave feedback soon. I can't pay for confirmation because I didn't charge the buyer for confirmation. So if I want to do that, there is even more money taken out of what I'm netting, after all of the eBay and Paypal fees. Here's why this is so confusing. I'm shipping musical instruments. Those aren't listed in the Paypal FAQ as a high risk category, but then I called Paypal today, and they said that they are considered high risk. So the question (to which they had no answer) is... why have my payments never been held before??? I've always bought and sold instruments and simply because I don't do it full time, now I have to take a hit. This is completely unfair to sellers. I understand buyers need reassurance, but if this is the case, then what protection did Paypal offer before they recently started doing this? Was that just an imaginary thing? If Paypal did this to me from the beginning, I simply would not have used Paypal. But instead they wait until I desperately need the money to deny me money that is mine. The worst part is - I'm selling something for a friend! So I called Paypal today and they said there was nothing they could do for me. Even after I asked to speak to the manager and her manager. It's a shame, but I'm going to have to take my business elsewhere because I can't afford to keep having my money tied up for weeks. I'm going to tell people I know too.
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