Got myself a Paypal Letter

Ok it's now been a few months that me and my mate have been selling digital products (a membership) using paypal. At first the site didnt run through my account but in the end it did.

Well long story, everything went bad because paypal thought we were selling p0rn =/ , switched to my account and got closed also.

Now just I recieved a letter from Paypal that they need 43.59EUR of me or otherwise they will take the action that needs to be done =/

They provided me several payment options and stuff and I guess Im gonna go to my bank and let them pay the money...

Anyone care to give advice?

Regards

They dont have the right to charge you for it.

the fact that they sent you an email like that is

1. its another site claiming to be paypal

2. its paypal itself and what you do is just forward the letter to your countries online money fraud department

pointbreak said:

They dont have the right to charge you for it.

the fact that they sent you an email like that is

1. its another site claiming to be paypal

2. its paypal itself and what you do is just forward the letter to your countries online money fraud department

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I didn't get a eMail, I got an actuall letter in my box.
The organisation is called NCO

It has a paypal reference number and stuff, it is the company that takes care of the legal actions.

They closed my account, Made my balance go -43.21EUR and now they want me to pay it...

eh?

Might be best to pay it, its hard to live without paypal and not paying fees will make it less likely they'll ever let you rejoin them.

siberia77 said:

Might be best to pay it, its hard to live without paypal and not paying fees will make it less likely they'll ever let you rejoin them.

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Just payed it on a wire transfer. And yeah my account is limited forever but I already created a new one with 'false info'

NCO financial are RIGHT BASTARDS

someone hacked my paypal account over a year ago and I STILL get calls (had one this morning) from NCO demanding their $971.58 out standing payment

when I asked them what it was for, they dont know, paypal just say here NCo name / number / address / amount get um and then paypal dont wanna know after that

NCO been after me for over a year, I have prrof it was not me that scammed someone they dont care and want their money. I say put it in the trash and forget about it

Thats why paypal sucks

better pay that shit, bro... or tell em to fuck off, either one.. btw these people are called debt collectors.. send them cease and desist letter.. They'll write it off, and they are certainly not going to sue you over $49 or whatever.

'...For the definitive answer, I would need to see the letter.

No-one is going to sue you for ?43.59

It also depends which country you are in. As you speak in Euros, I guess it's not the U.K.

What do PayPal mean when they say...and I assume you are paraphrasing or their legal department has amateurs working there, "will take the action that needs to be done".

Two options, of course:

Pay up! ?43.59 is nickels and dimes, or pennies, depending where you come from.

Screw 'em! They can do NOTHING!

Guess which one I'd choose?

themagician

Thats what I thought that no-one would sue me for that small amount of money. anyways Its only 43EUR so whatever...

Im pretty sure Paypal pays alot of money to NCO to keep thins straight, they are insured for these kind of things and Im even more sure that if paypal would sue me it wouldn't even cost them a single penny since they probably have insurance...

insurance for sueing other people? now ive heard everything. If i had that i would sue left and right

NCO is a collection agency with which PayPussy contracts to collect closed accounts with negative balances.

Pay them or they will ruin as much of your life as they possibly can.

Uptownbulker said:

NCO is a collection agency with which PayPussy contracts to collect closed accounts with negative balances.

Pay them or they will ruin as much of your life as they possibly can.

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OK then I guess I did the right thing. BTW If anyone can get my new paypal verified then PM me please, I would appreciate it

hahaha I've had these agencies after me before. Ignore them, they disappear after awhile... and pop up on your credit score later slapping you with a bunch of negatives, which you can say 'prove it' and the negative will basically get wiped.

Paypal is the shittiest, but you gotta work with them....Don't ever sign up for a paypal credit card, because when you try to pay them back they won't take your money.....Takes them 6 months for them to close the acc, and have me pay them back through a debt collector. Paypal sucks.

I'd agree with the advice to send a cease and desist letter, one that specifically asks the collector to validate the alleged debt with all details and relevant documents within 15 days, otherwise they have conceded the debt is INvalid and they must back off. Add a clause saying their receipt of the letter constitutes their acceptance of your offer, from this point on, for them to pay you $1500 each time they (or even a successor collector) phone you about the alleged debt. This should stop the calls cold.

ant_des said:

NCO financial are RIGHT BASTARDS

someone hacked my paypal account over a year ago and I STILL get calls (had one this morning) from NCO demanding their $971.58 out standing payment

when I asked them what it was for, they dont know, paypal just say here NCo name / number / address / amount get um and then paypal dont wanna know after that

NCO been after me for over a year, I have prrof it was not me that scammed someone they dont care and want their money. I say put it in the trash and forget about it

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The only way to get NCO off your back is to file a police report saying that your paypal account was hacked, and send them a copy. This will also clear up your credit rating, which NCO has probably trashed. Filing a police report can be done on the phone.

izzamaney said:

hahaha I've had these agencies after me before. Ignore them, they disappear after awhile... and pop up on your credit score later slapping you with a bunch of negatives, which you can say 'prove it' and the negative will basically get wiped.

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Wow, that is probably the worst advice I have ever read on this forum. Why on earth would you ever want the hassle of :

a. jumping through the hoops to do this
b. being denied credit which in itself is a black mark on your credit report.
c. a million other reasons

You paid it, that was the right thing to do. Adding something negative to a credit report is easy, getting it taken off is a whole different animal.

Never give your bank account information to a collection agency. Send them a western union or a counter check, and send it certified mail.

BuzzKill said:

Wow, that is probably the worst advice I have ever read on this forum. Why on earth would you ever want the hassle of :

a. jumping through the hoops to do this
b. being denied credit which in itself is a black mark on your credit report.
c. a million other reasons

You paid it, that was the right thing to do. Adding something negative to a credit report is easy, getting it taken off is a whole different animal.

Never give your bank account information to a collection agency. Send them a western union or a counter check, and send it certified mail.

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Best advice in this thread.

Also, collection agencies generally receive 40-50% of the debt they're able to recover, which makes debt collection an absolute numbers game. While you'll occasionally run into hard asses (or dumb asses) who don't understand that some money is better than none, more often than not, you're talking to someone who would personally benefit from you paying back WHATEVER you can. So, let's say your debt was $2,000.00. The collection agency calls you and says, "Hey asshole! You owe Such-and-Such $2,000 smackaroos!" You say, "I know I owe them that much, but I can only pay them $500 and I'd like to do it over the course of a few months so as to ensure that I'm able to pay my other debts." They'll say, "That's ridiculous! You owe them $2,000. They're going to take you to court otherwise. Seriously!" You say, "There is no such thing as debtor's prison in the US and all I can pay you is $500 over the course of 5 months." They say, "Make it $750 and you've got yourself a deal!" You hang up and pay them some of what you originally owed. Your credit score is better for it and you don't have to worry about those pesky collection agencies calling you from private numbers!

WHAT? you can wipe negatives off your credit can challenging it? you mean unjustified charges, right? i am just trying to get clarity.

izzamaney said:

hahaha I've had these agencies after me before. Ignore them, they disappear after awhile... and pop up on your credit score later slapping you with a bunch of negatives, which you can say 'prove it' and the negative will basically get wiped.

Click to expand...