08-17-2012, 03:47 PM
Funny how the same people who whine and piss and moan and complain about how their bank is screwing them automatically assume that if you DON'T use a banks services, you must be up to no good.
To the original question;
I don't see any real problem with it... as long as you keep an eye on the fees.
He's probably got his PayPal account set up to hold his balance, and probably a PayPal credit card which draws on that balance (I THINK that's the way the PayPal card they keep advertising works... I keep ignoring the ads, so I'm not sure).
If you sign up for a PayPal account, I would suggest opening a separate checking account at your bank/CU to link it to... Extra layer of fraud protection down the line...
To the original question;
I don't see any real problem with it... as long as you keep an eye on the fees.
He's probably got his PayPal account set up to hold his balance, and probably a PayPal credit card which draws on that balance (I THINK that's the way the PayPal card they keep advertising works... I keep ignoring the ads, so I'm not sure).
If you sign up for a PayPal account, I would suggest opening a separate checking account at your bank/CU to link it to... Extra layer of fraud protection down the line...