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Advice needed about Paypal

Discussion in 'Business & Tax Advice' started by sefstar4uk, Mar 5, 2013.

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  1. sefstar4uk

    sefstar4uk Registered Member

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    Hi guys, I was wondering if I could some advice in regards to paypal.

    I set up a PP business account a while ago with them, but I am afraid to use the account because I have read various horror stories of PP holding funds in the for 180 days due to bad credit. I want to avoid this at all costs, but I currently have a poor credit rating. Would setting up a stealth PP account still be a feasible option today?? I have read some threads about this but they seem old. I am a UK resident. If so how do I go about creating one?

    If not are there any alternative merchants for high risk sellers?? Any advice appreciated.
     
  2. dkanalie

    dkanalie Junior Member

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    For fully verified accounts and with totally safe/clear refund policies on your website, I would not worry too much. In case you're doing anything shady with it, be prepared for a freeze.

    Regarding a stealth account, I´m not sure. Most of the times I hear the horror stories is because someone set up an account where they cannot provide proper paperwork.

    Others to recommend would be alertpay.

    If high risk, maybe plimus, ccnow or 2checkout?
     
  3. JokerNikx

    JokerNikx BANNED BANNED

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    Yeah dkanlie Is Right If You Have A Website Or Sale Thread WIth Clear Refund Policy It Wont Affect You Too Much =]]
     
  4. dbyrn

    dbyrn Power Member

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    Just move your money away as soon its cleared and you will be fine.
    D.
     
  5. sefstar4uk

    sefstar4uk Registered Member

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    I visted the paypalsucks.com website and apparently they claim that they do credit score checks while you use an account. and then freeze the account if you have poor credit.
     
  6. areyes

    areyes Newbie

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    I had bad credit awhile back when I first started my Paypal account and that didn't really affect anything. Just make sure not to keep your money in there long
     
  7. bigcasey123

    bigcasey123 Regular Member

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    I had my unverified account for about 2 - 3 years and so far no problems. I only verified it will a prepaid cc (so guess paypal didn't really care). Paypal is trust worthy as long as you abide by their rules.