u/MaterialRadish6999 has stopped responding since on due date asking to move repay to 15th May with 150usd which I thought was too high but it’s what they set.
Is there a benefit to having multiple miners rather than just one with really high TH and if it’s better to have multiple should you evenly distribute the TH?
Please also provide a reason for either side of the argument.
Loan was due 1st May, got message saying will send that evening then nothing more.
Will file dispute with PayPal on Saturday to recover funds.
Please ban in the meantime
Borrower has had no communication in past few days and I’m losing hope of ever repaying, will file dispute with PayPal on Friday 8th May if no communication or attempt to repay has been made before then.
Title was supposed to say 150 gbp (can’t edit)
Borrower has had no comms since the 27th April where they said they were about to send but never did.
I will be filing a dispute with PayPal on Monday if repayment is not recieved by then.
Please ban u/SadCandidate6 in the meantime.
Borrower has not responded to me since I provided loan on 21st April.
Also had loan with u/Just_A_Random_Crow due on the same day who has already made unpaid post.
I will be filing dispute with PayPal G&S on Sunday 3rd May if I don’t receive a response or repayment by then.
I as well as many other lenders tend to use PayPal goods and services only to give loans as it provides us with a level of security, but it saddens me whenever a payment get put on hold and the borrower just refunds it. Here are some potential solutions for borrowers moving forward:
- You can call PayPal support and confuse their AI to talk to a human and if you explain the situation they should be able to help get it off hold (I’ve found about 80 - 90% success rate with borrowers who have tried).
- When you are in a slightly better place financially see if you can get a friend to send you a payment via goods and services and wait out the 21 day hold, this will increase your limit before it goes on hold so try to do this with about the amount you would expect to borrow.
I hope this helps any borrowers struggling to get loans as they don’t accept PayPal for this reason.