Paypal is a Horrible Scam
Believe me, I already knew Paypal was a scam. But it is used by everyone so I signed up. I gave them only the information I was comfortable to give and this seemed to be so far so good. I even got a payment from an acquaintance for services rendered.
Then I had need to send payment with my new funds. No go. Paypal told me that I already reached my spending limit for the month. What was this lofty limit? $0.00. That's right. Even though I have funds, my spending limit for a positive account balance is $0.00.
Paypal would like my bank account number or credit card number. I don't have that information to give them. So I asked them what I should do about this. Their answer was to send me a credit card application!
So I asked them if their serious answer to my problem was to sign up for one of those God Forsaken instruments of debt, against my morals. They replied with a more detailed explanation that merely reiterated their original policy and urged me again to sign up for their credit card.
That means I am SOL. I guess I'll never get my money.
I'm just trying to illustrate that there is no way to have a moral stance about privacy and debt while using PayPal. And yes, I was aware that this would be the case. But I thought they would have been a little more professional about it. I thought they would not allow me to add funds to my account if my spending limit is $0.00. But instead, they are holding my funds hostage and there's not a damn thing I can do about it.
PayPal is an immoral racket.