Paypal question that nobody has been able to answer?

Question

if i have 0.00 in my bank account. and -15 (negative) dollars in my paypal account. when i go to buy something online with paypal it will add the -15 on plus the ammount of my item that i am buying. so the negative 15 makes me add funds from my bank account and anyway im paying with my bank account. if i do not have money in the bank and i say i do anyways and buy it what will happen, will it make my bank account go into a negative or will it make my paypal go more into a negative balance

Answer 1

There's no way that you can buy the item without having any money either in your bank account or in your PayPal balance.

You need to deposit the $15, to have a $0.00 balance in your PayPal balance, and after that you can buy your item if you have funds on either accounts to cover the item's cost. Otherwise PayPal will keep rejecting the transaction because there's no money! You can't cheat PayPal! XD

Answer 2

Paypal will try to take the money out of your account and since it will be unable to take funds out your transaction will be denied.

Answer 3

It is illegal to do that. Its called check fraud. Additionally, if they take it out of your bank account, you will be charged a NSF fee which is probably 19 dollars-39 dollars depending on the bank and the amount.

Paypal may also charge you a fee if they cannot recover funds from your bank.

But you may not even be able to purchase with a negative balance. My guess is they would require the balance go out of the red before they let you purchase anything. Why don't you just call and ask paypal?

Answer 4

It will make your bank account and your paypal more in the negative. Not to mention, it's illegal if you don't have the propper funds in the bank and say you do. Every bank has a differant policy. Most charge you so much for each time you attempt to use money that isn't in your account. Some banks may pay the balance, then subtract that from your account along with a fee. After so many times, your account will be turned over to the collection agency and closed. Not to mention, businesses can press charges if your bank doesn't pay the balance. However, if it happens only a few times (on accident)...and you pay your bank back, there shouldn't be any problems. Or if you use paypal while your bank account is empty, and put money into your account before a business charges the bank, it will be okay as well.