What will happen if I dispute Paypal with my credit card?

[nikko]

I wasn't too concerned about the safety since I saw the post here:
http://www.cpu-world.com/forum/viewtopic.php?t=2427

Guess what? I have never received the chip and now I am going through Paypal dispute. I am worried because it's about to pass the 30 days deadline. If the paypal doesn't refund my money. Is it possible to dispute the transaction with my CC company?

What would Paypal do?

Gosh... I hate this...

[CPUShack]

I think paypal gives 45 days

I would open a dispute in Paypal. They do good work at settling them.
I have had to use this a couple times, all succesfully.

[Mixeur]

Paypal gives 30 day after payement.
So you have to do it soon !

[chipcollector]

Paypal is HORRIBLE at disputing claims. They cheat you. If you paid with your CC, you're one hell of a lucky guy! Just call the CC company up and tell them, you will get your money back WITHOUT having to deal with paypal!

Paypal are such scumbags they actually encourage you to pay from your paypal cash funds or bank funds, since paypal is the holder of the money, they can play tricks with you. I've lost over $3000 because of paypal in cases from being a seller and being the buyer, even when my ebay feedback is far superior to the person Im dealing with.

A good example:

I sold a printer to a woman in Canada. She filed a claim after 1 1/2 weeks saying she didnt get the printer. Paypal refunded her money(Meaning paypal TOOK money from my account and gave it back to her), then a few days later she received the printer. We called paypal and showed the UPS tracking number so we can get our money back and then we called the woman who also agreed to call paypal.

NOW, the woman sent proof that paypal took the money from her account (to send back to us), but we didn't receive any money. AND paypal claims that they didn't take any money from her, so now the money is supposedly completely lost, but we know who actually took it.

All in All, www.paypalsucks.com

[Simmayor]

Hi,

I had a dispute once, payed $300 but the goods were never send. I contacted PayPal and my money was refunded.
So, no problems for me.

Simmayor

[gmanbc]

Chipcollector is correct! If the guy who rips you off takes the money out of his account then you are screwed! I have been ripped off about four times for well over $2,000 and I have not once gotten any of my money back. Two of the times they told me that they suspended the other persons account but that is all I got.

I just got ripped off by Ebay name: "hi-tech-components" who got over $450 from me after the sale. I complained to Ebay and Paypal and they suspended his accounts but I am getting no money back.

All you who got your money back are lucky!

If you used a credit card to pay then you should file through your credit card. They are normally only good for 30 days but you are more likely to get your money back!

Lee

[wuhao]

hi, nikko:

Regarding brings to you inconveniences me to express the apology.
Please believed I have mailed the package in 20 days ago for you. I thought I am unable to explain now. I may put forward two proposals, if you accept any point:

1.Waiting. I believed the package retarded (on road), but is certain has not lost.
2.I return your account fund immediately. When you receive the package, Again returns the fund. All these occur the expense undertakes by me.

If has any question, please send the mail to: wuhao407111184@126.com

thanks.


-wuhao

[CPUShack]

Wuhao has always done me right, and yes that dang chinese mail can be slow.

[gshv]

[wuhao]

In the ordinary circumstances, accepts stretches across Pacific Ocean the mail, so long as two weeks time. But I mail wrap to US, in the most situations all takes above 2 weeks.

I must acknowledge -- the Chinese postal service efficiency is very low.

[CPUShack]

yah thats true too, I also have been getting items stamped US Customs and Dept of Homeland Security

[Guest]

[sammyc]

[skold]

heres how it goes down, from the perspective of someone whos worked at paypal (although they fired me for posting on a website while at home... )

anyhow, the moment someone files a dispute against you, paypal holds the funds.. this appears in your account as the money being taken out.. youll see this as 'hold', and your balance will go down.. it may even go negative if you dont have enough in there to cover it.

if it goes negative, beware that paypal WILL recover that negative balance at the first opportunity.

for example, you have $10 in your paypal account, and someone files a dispute against you for $20 they sent you. you're now -$10.

then you send a payment to someone for $5. your credit card or bank is actually charged $15, to recover that $10. be careful here.. say for example, you had $8 in your bank, so you know you can cover the $5 you sent, but you cant cover the $15 paypal goes for. now youve got probably $30 of NSF fees from your bank, and its a huge mess. thanks paypal!

anyhow, im getting off topic here.. you have 45 days to file a dispute, but trust me, unless it behooves paypal to find in your favor, they will NOT. for example, if paypal believes the losing party will file a chargeback with their cc issuer, then paypal would lose that money, since both you and the original sender would get their money back. paypal then will NOT give you your money back.

if someone sends you a payment, and paypal takes it back from you, theres nothing you can do. theres no one for you to file a chargeback with, etc. most of the time in this case youll end up losing your money.

the sad truth is that even if you have the money in your hands, paypal can make your account go negative, and the next time you use it, they'll get that money back like i mentioned above. in that case its best to just leave the account..

paypal seriously sucks ass > ive seen so much horrible shit working for them that i barely use it anymore. unfortunately, it really is the fastest way, but you take a hell of a chance as a seller. great for being a buyer though! you're almost never going to get screwed as a buyer.

[sammyc]