The Motley Fool Discussion Boards

Previous Page

Personal Finances / Credit Cards and Consumer Debt

URL:  https://boards.fool.com/this-is-frankly-a-horrible-idea-paypalsucks-23175943.aspx

Subject:  Re: ING versus PayPal Date:  10/17/2005  3:07 PM
Author:  ClimbingOut Number:  212721 of 312954

This is frankly a horrible idea. paypalsucks aside, and that's a big aside, Paypal is not FDIC insured and is their system is an open window to fraud.

Now throw paypalsucks back into the mix and you have a company that regularly makes mistakes, freezes accounts, is open to financial fraud and is generally poor to deal with. This is not the place to store money. If you must use paypal, use it for what it is intended for, a transaction manager. And even then use it sparingly.
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us