PayPal Holdings, Inc. Prepaid Card Complaint

Mobile wallet Fees

PayPal Holdings, Inc. Prepaid card department,

Mobile wallet New Mexico

In the process of making a purchase over the internet through a small business commerce site I signed up for Paypal yet did not clearly understand that I had to use a credit line for the purchase. I was contacted by a collection service to pay off the remaining balance which I did during that phone call. Looking back at the process I would like to know if the extremely high interest rate I paid for the lats month of the credit line was actually legal?

PayPal Holdings, Inc. customer in New Mexico
Dec 31, 2015

* Source: CFPB Complaint Database

PayPal Holdings, Inc. response to complaint:
Closed with explanation

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