Debt collection -- Written notification about debt -- Complaint #13330831

Complaint Overview

Complaint ID: 13330831

Company: Paypal Holdings, INC

Product: Debt collection

Sub-Product: Other debt

Issue: Written notification about debt

Sub-Issue: Didn't receive notice of right to dispute

State: New York

ZIP Code: 14223

Date Received: 2025-05-04T12:00:00-05:00

Date Sent to Company: 2025-05-04T12:00:00-05:00

Company Response: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I am filing this complaint regarding an issue with my Venmo account, which was recently frozen due to an alleged outstanding debt of {$95.00}. I believe this situation is the result of an error or potential fraud, and I am being unfairly held responsible. I have not made any purchases or authorized any transactions on my Venmo account since XX/XX/XXXX. XXXX day, I logged into my account and noticed that someone I do not know had sent me {$100.00}. The payment was placed on hold, so I assumed it was some sort of mistake or would be resolved on its own. I did not even see the money in my account and thought nothing of it at the time. About a month later on XX/XX/year> XXXX, I discovered that Venmo had paid {$95.00} toward a transaction I did not authorize. They apparently took the {$5.00} that was still in my account and paid the remaining {$95.00}, putting my account into debt. I now owe {$95.00}, which I do not believe is fair the dispute was put in that same day. It appears that the {$100.00} initially sent to me may have been reversed or charged back by the sender whom I do not know and never interacted with. I was not involved in this transaction in any way, did not request the money, and had no prior knowledge of the person who sent it. I suspect this may have been a scam or fraudulent action, and I do not understand why I am being held liable. I believe I am being unjustly penalized for something completely outside of my control. Thank you for your time and assistance.

Frequently Asked Questions

What is Complaint #13330831 about?

Complaint #13330831 was filed against Paypal Holdings, INC regarding Debt collection specifically about Written notification about debt. It was received by the CFPB on 2025-05-04T12:00:00-05:00.

How did Paypal Holdings, INC respond to this complaint?

The company responded with: "Closed with non-monetary relief". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Debt collection) and describe your issue in detail.

Can I see other complaints against Paypal Holdings, INC?

Yes, visit the Paypal Holdings, INC company profile at readthecomplaint.com/company/paypal-holdings-inc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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