Beware of PayPal holding your financial information hostage! After a dispute in which I was ripped off by a seller (I sent money and they did not send the item), PayPal gave me an initial refund. But then the seller complained about having money taken from his account, so they gave the money back to him and put my account on restricted status. Now they will not allow me to cancel my account. I wanted to cancel because they left me out of pocket in the previous dispute.
Now they keep trying to get me to send various financial info (credit card and bank statements, driver's license, and a signed affidavit). I have since sent that info in just to get it over with. But now they said that the information is good enough. This is out of control. All I want to do is close my account and have them send me my $6 balance!
But they want to hold my account hostage until I send them all of my personal and financial information. Beware of giving your financial information to this company (or other companies, for that matter). Beware of the dark side of the Internet! I was once a big believer in PayPal, but please stay away from this company. They think that they own your information once you give it to them.
Bad company.
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