paypal help

sn-95matt5-0

Member

Nov 6, 2006

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16

Feb 28, 2008

#1

• Feb 28, 2008

• #1

ok i'm within 400 of my spending limit on my paypal account. i think i need to get it verified but i'm not really sure what all that means. will i have to pay a monthly fee?will it take a hit on my credit? is there any ups or downs to this?

i'm 19 and i have NO credit at the moment and my parents arent sure on this sorta thing so i'm asking ya'll to see if yall can help keep me out of trouble.

 

MysteryMachine

Active Member

Jun 21, 2003

1,835

2

39

Parkesburg, PA

Feb 28, 2008

#2

• Feb 28, 2008

• #2

Matt I think all that means is they just want your credit card number on file. I don't quite get it cause they already have mine and they still ask me to get verified.

Dude you must buy a lot of **** through there your allowed like 8,000 lol it told me I still have 6,000 some almost 7 limit

 

W

whitesnake1994

New Member

Jul 11, 2005

70

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0

Shelby Township, MI

Feb 28, 2008

#3

• Feb 28, 2008

• #3

no what they need is your bank account routing numbers.. I know it sounds a little scary as I was hesitant too, but it is totally legit otherwise they wouldnt still be in business......or would they

 

MysteryMachine

Active Member

Jun 21, 2003

1,835

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Parkesburg, PA

Feb 28, 2008

#4

• Feb 28, 2008

• #4

I thought it told me credit card or routing number I could be wrong though

 

sn-95matt5-0

Member

Nov 6, 2006

170

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Feb 29, 2008

#5

• Feb 29, 2008

• #5

it said i only had a 2000 dollar limit. alright i'll go ahead and fill it out.

 

I

inphiniti

Active Member

Mar 15, 2003

412

3

28

Providence, RI

Feb 29, 2008

#6

• Feb 29, 2008

• #6

yeah they use ur bankin account.... they make two deposits in ur acct, both different amounts. itll take a few days to get verified, IIRC. once u see those deposits in ur acct, tell PP and ull be verified...


im 21 and ive been verified since i was like 16... so it was awhile ago, dont really recall too much, but i remember this phase

 

sn-95matt5-0

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Nov 6, 2006

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Feb 29, 2008

#7

• Feb 29, 2008

• #7

alright about how much roughly do they deposit

 

I

inphiniti

Active Member

Mar 15, 2003

412

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Providence, RI

Feb 29, 2008

#8

• Feb 29, 2008

• #8

peanuts.... like, no more than 50-60 cents.

 

sn-95matt5-0

Member

Nov 6, 2006

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Feb 29, 2008

#9

• Feb 29, 2008

• #9

how will i know if they made it to my account. talk to the bank and see if they got any deposits

 

I

inphiniti

Active Member

Mar 15, 2003

412

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Providence, RI

Feb 29, 2008

#10

• Feb 29, 2008

• #10

sn-95matt5-0 said:

how will i know if they made it to my account. talk to the bank and see if they got any deposits

Click to expand...

see if ur bank offers an online visual of ur account... IE: Citizens Bank has the ability to set up ur accounts online. Itll say DEPOSIT Paypal and then the xx.xx amount

 

sn-95matt5-0

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Nov 6, 2006

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Feb 29, 2008

#11

• Feb 29, 2008

• #11

alright thanks

 

reddy351

10 Year Member

Jun 13, 2006

560

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38

Columbus, Ohio

Feb 29, 2008

#12

• Feb 29, 2008

• #12

One thing you might want to consider, especially if you're hesitant about them having your account numbers, would be to open an account that is JUST for Paypal.

I have it attached to my main bank account (for the last 5-6 years--no problems) and when I pay for something that costs more than what is in the Paypal account, it just takes it from my bank account. Comes in handy. Of course, if there is a "mistake", they can take the money from your account. Not too much you can do about it.

 

MysteryMachine

Active Member

Jun 21, 2003

1,835

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39

Parkesburg, PA

Feb 29, 2008

#13

• Feb 29, 2008

• #13

that's actually a good idea for anything you do online. I opened a new accout with a credit union when I started my job causde my bank sucked. After I closed the bank account I thought maybe I should have kept it for that reason. I figured what the hell if people are gonna steal from me they are gonna do it no matter what so I just buy away

 

sn-95matt5-0

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Nov 6, 2006

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Mar 1, 2008

#14

• Mar 1, 2008

• #14

yeah thats pretty much the only reason i have this checking account is for online purchases i have a savings in a credit union that i use for my actual money that i'm saving for "a rainy day"

 

I

inphiniti

Active Member

Mar 15, 2003

412

3

28

Providence, RI

Mar 1, 2008

#15

• Mar 1, 2008

• #15

sn-95matt5-0 said:

yeah thats pretty much the only reason i have this checking account is for online purchases i have a savings in a credit union that i use for my actual money that i'm saving for "a rainy day"

Click to expand...

same here, my rainy day came last week when layoffs came around

 

sn-95matt5-0

Member

Nov 6, 2006

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Mar 2, 2008

#16

• Mar 2, 2008

• #16

that sucks man i hope everything works out for you.

 

I

inphiniti

Active Member

Mar 15, 2003

412

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28

Providence, RI

Mar 2, 2008

#17

• Mar 2, 2008

• #17

sn-95matt5-0 said:

that sucks man i hope everything works out for you.

Click to expand...

thanks man, appreciate it. thank god for that rainy day fund right? lol