PayPal sold your debt to a collection agency. You now need to pay the debt collector. It is unlikey you can ever use PayPal again since you don't pay PayPal account debt.

Oct 14, 2022 · If you resolve your PayPal balance yourself, we will communicate with the collections agency to confirm it has been paid. There is no right or wrong way to pay off your balance. By paying off your balance as soon as possible, it will prevent your account being locked.

Paypal can't take funds from your bank account without authorisation. However IF you lose they will put the account into negative and limit its use. If you don't pay the debt then they pass it on to a debt recovery firm to chase up with you.

Aug 23, 2024 · PayPal takes debt collection very seriously, employing a stepped process with account suspensions, credit reporting and potential legal action in certain cases. Consumers do have defined rights and options when working to resolve debts including payment plans, collection bans, appeals and negotiations.

PayPal negative balance? Act fast! Check your account activity, add funds to clear debt. Account locked after 120 days, debt may be sent to collection.

May 8, 2024 · Since PayPal can draw funds from affiliated accounts you hold to repay debt, avoid sending or receiving money in them until collections is fully resolved. Following this advice can help minimize further account limitations and legal risks.

May 23, 2024 · Discover how PayPal debt collection works, the implications of a negative balance, and strategies to manage and resolve your PayPal debt.

May 1, 2023 · It is possible you may not be able to use PayPal’s services while there is an unpaid balance. Due to the small amount of the debt, it is extremely unlikely they will take any legal action to collect the debt. They may report your unpaid debt to the credit bureaus.

Oct 2, 2015 · Paypal can take exactly the same legal actions against you as any creditor could -- take you to court for wilful nonpayment of debt, sell your debt to a collections agency, or anything else a business would do with a deadbeat customer. But this is …

You can resolve your negative balance by logging in to your PayPal account and clicking the "Resolve Negative Balance" link. You can choose the amount and how to add it, to bring your balance to zero. If your account balance is negative, check your recent activity to find out why.