I’m a new seller and so far, in my first month, I have made $600 dollars. I recently lost my job and am trying to find unconventional ways to work for myself.
I’m becoming really unsettled with selling on Ebay.
It’s like, no matter what I’m broke because I’m constantly waiting on Payal to release pending funds
JUST SO I CAN AFFORD to SHIP people’s items. And since it all gets released in ‘increments’,
it’s like I never have money in my bank account, ever. It’s always sitting around pending in Paypal even after there if confirmation that the item was delivered. When on earth do those hold ups stop? How much does one have to sell before they finally stop holding your money?
I called Payal last week really upset, almost crying, because I couldn’t afford to ship any one’s items. My bank account was in the red – and here was 200 dollars of MY money pending in paypal. I told the guy “Look man, I can’t ship these items if I don’t HAVE the money they paid to ship them”.. The man had an indian accent. He says to me in a coy sort of tone: “Well, I could transfer money into your account…”. I said.. “what? how?”.. He says: “How much do you need? You can pay paypal back”. I said “25 dollars?”. He goes.. “Ok, when can you pay it back?”.. “How about the 30th?”.. Well, once again I’m in a predicament where all my money is pending, and I can’t afford to ship any one’s items. AND I now owe Paypal 25 dollars….. IT’s the 31st, no money has come out of my paypal account… I suddenly realized.. Wait a second, can PAYPAL EVEN OFFER LOANS?
IS this real? I did get 25 dollars, but is Paypal even allowed to offer short term loans to people then schedule an arrangement to pay it back? I googled this, and apparently it’s against policy. What happened here? Was I scammed? Or did he just generously give me 25 dollars credit??