I opened a PP account recently because they offered 0% financing for 6 months. I had ended my previous account years ago, but I’ll use this until the 6 months end, then pay it off completely.
Thanks for the free loan a-holes!
I have had my own fight with PayPal which PP won, I suppose. I paid for an item on EBAY with my credit card and declined PPs offer(actually a demand) that I use PP Credit. The price came out of my VISA account immediately. 3 months later PP sent me a demand to pay my delinquent account. I hassled with their robot-like live customer service rep but he only repeated the line that I must pay. As I did not want to be cut off from EBAY I paid again, (it was only 30 dollars) with VISA but PP declined the payment and informed me that I must pay it by check in the assigned monthly installments of $5. I never buy anything in installments, even teensy installments. I wrote a check for the whole amount and they sent it back and repeated the demand for monthly payments, and this time wanted certified checks. Eventually they sent it to Collections and I settled with Collections for $15. I have not heard from PP again. I have never dealt with EBAY or PP again. I suspect many small amount users get this treatment and PP actually makes considerable extra money from fraudulently nickel and diming folks.