Reply to thread

Message: <blockquote data-quote="two" data-source="post: 3266347" data-attributes="member: 9002">PayPalsucks.comPayPal is under many federal and state investigations, has been the target of many successful class-action suits, and has caused a lot of pain for a lot of innocent people.PayPal is not a bank, and not a credit card.  If you lose money through a fraudulent paypay hack...transaction...whatever. It's gone.  PayPal has no "money back guarantee". Credit cards do!You simply cannot lose money using a credit card even if it is hacked; the credit card company refunds the money. There is no such safety net with PayPal.One of the many common PayPal scams is to sell an item on Ebay, have somebody pay you with PayPal.  Then the buyer gets the item, claims it is false or not as advertised to PayPal, and gets his money returned by claiming a charge-back.  It is up to the seller to prove the item was as shipped and that the buyer recieved it... which is nearly impossible.  PayPal simply has no interest in figuring out these scams; they collect their percentage, and tell the seller to contact...the police.  Or some such.To sum:  always use a credit card, never use PayPal. PayPal is not a bank; they are not regulated (currently); you have no legal rights when you give them money and access to your financial data.  PayPal gets away with ALL kinds of stuff a regulated bank never could.PayPalSucks.com is a good resource, once you wade through the spam.</blockquote>