For me, I got an email for both transactions from PayPal telling me that the "loan could not be approved" due to errors on their end. However, they refuse to do anything regarding the authorizations until it's been 30 days. I'm irate because your bank won't/can't really do anything when a transaction is pending and not posted. Paypal could release the authorization, but again, they said they won't before 30 days. So, yes. If your bank with let you cancel/dispute an authorization that isn't going to post, I say go for it asap because PayPal is NOT fixing the issue.
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