So I tried to buy something off ebay, as j always have for past 10 years and find.out my paypal account is blocked and closed. Per FCC regulations, the CPA, the CCA , all federal laws and the Dodd-Frank Wall street act, there must be disclosures provided by financial institutions, and.yes because paypal offers credit and uses SSN #, the qualify as an intermediary financial Institution. I spend hours on the phone, and no one can tell me what I violated, besides reading a general, prewritten statement. Adverse action requires full disclosure! Per law! But I do not sell anything, and.i only buy a few items.from ebay or a.few.other third party sites, but to close my paypal account, and then every PayPal account associated with me, my wife and kids! Then, block my accounts from all my financial Institutions is a big deal. Especially when, you have not spoken to me, nor verified that if there is suspicious activity that it is even me doing this. And if the risk was high then the people on ebay selling these items should have their accounts closed not me. I am.not a risk analytics specialist, just a consumer. So, if you want me off your platform for pending 500 year on random workout gear tht is fine, but if you do anything adverse on your.pltform tht involves my financial information then, you must disclose and.offer recourse if the activity is not validated
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