hey, minors, please do not treat paypal like a social media account. it is banking. it is a legal thing. you’re not legally allowed to have one. if you ever prove identity your funds will be seized and your account will be closed. making a paypal as a minor is dangerous and useless to you.
you can never delete an account, only close it, so if you ever prove identity banks will then have that information at their disposal. and paypal may even take legal action against you.
if you made a paypal account as a minor: close it right now.
if you’re in serious trouble you’re g
oing to need the help of someone who is legally an adult to run money through them, otherwise again, you could be in serious legal troubles.
DO NOT MAKE A FAKE PAYPAL ACCOUNT IN SOMEONE ELSE’S NAME it is identity fraud … this is again taken VERY SERIOUSLY. I cannot stress this enough.
you can also seriously fuck over your own credit rating in the future, and that can turn into something thatll haunt you for a long time if you fuck up bad enough.
I know you kids probably aren’t thinking about credit yet, but it is important when you’re an adult, it can be the difference between getting housing and not getting housing. it is a huge deal.
Do. Not. Treat. Paypal. Like. A. Social. Media. Account. It. Is. Not. A. Toy.
I’d like to also make a note, if you did make an account as a minor, you should close it and make a new paypal account, paypal is going through and shutting down accounts that were made by minors, be
cause it’s technically still illegal for those accounts to exist, even if you’re an adult now.
those funds can still be seized and the account can still be closed. count yourself lucky that it hasnt happened yet just to make sure your funds are safe if you made your account as a minor, CLOSE IT and open a new one. this is very important.
I am not exaggerating when I say this. Just because it hasn’t happened to you yet doesn’t mean the threat isn’t there. They can still legally seize all funds in your account and close it without a moments notice EVEN IF YOU ARE AN ADULT NOW. I CANNOT STRESS THIS ENOUGH.
I am not fear mongering, I am giving you facts on the issue. If you don’t want paypal to randomly shut down your account and take all your money make a new one, transfer funds, and goddamn close the one you made as a minor. This is important i stg.
Just because you’re an adult now doesn&
rsquo;t mean you’re safe, and just because it hasn’t happened to you yet doesn’t mean it wont. It is far better to be safe than sorry.