Help! Paypal Question!

[jmaestro]

If I owe paypal money and I use their services for a transaction in the near future while still owing them money. Will they automatically deduct the portion of the money I owe from the money gained in the transaction and only give me the remaining remaining balance?

[Caca de Kick]

Well, if you owe them money, I'm suprised they haven't already withdrawn it from either your checking account or credit card (which ever one you used to set up you paypal).

But I'm betting they'll take what theirs as soon as you have money come in.

[Chunk-O-Funk]

Does your paypal account show a -$XX.XX balance?

Haven't actually been in that position, but I would think any money you put into the account would go towards the negative balance you have.

[Stumbo]

Ask Paypal.

[bongomania]

If you owe them money, they will draw it straight from your bank the very instant you connect the account to your Paypal address.

[jmaestro]

Thanks for the responses. I used the Paypal Buyer Credit and I'm paying back the credit loan in monthly installments (I pay a lot more than what's required so that I can have this paid off soon in the next two months). I didn't know whether they would make the incoming money from a sale go towards the remaining balance or would I be able to decide if the balance is still there.

[bongomania]

Oh, that might be different. If you have a payment plan agreement with them then that is contractually a bit different than if you just "owed them money". I don't know in this case.