According to their terms, if you report a possible fraud and your account isn't new, they'll take no more than 10 business days to resolve it. If they determine it can't be resolved in 10 business days, they'll give you a provisional credit of the amount in dispute within those same 10 days.
Ah, but this where the numerous horror stories come into play. Unless they have changed refund policies to pay from their own pockets, you would get a varation of this: If you paid with checking account, you are in for a long few weeks with your bank before realizing you're totally SOL. Bfun & I would just call our friendly neighborhood credit card CSR and never be out of pocket any $.
I had a fraudulent charge on my debit card one time. Suntrust immediately issued a provisional credit, and the fraudulent credit was canceled maybe a day or two later. I think your information about debit cards is out of date. They pretty much work like and have the same protections as credit cards these days. The only difference is that a debit card comes out of your bank account, and a credit card draws from your credit limit. Otherwise, they're pretty much the same. That wasn't always the case. Debit cards were very different from credit cards even as recently as the 1990s.
Using a debit card isnt the same as paying with a checking account. The debit card is way safer. Paypal defaults to an ACH withdrawal. Like writing a check electronically.
I don't see anything in PayPal's user agreement that states they have to "recover the funds" in order to provide coverage for fraud. Nada.
it's so sad that north Korea has conditioned us to not take them seriously that we'd rather talk about paypal woes rather than the events happening in the Pacific right now.
^^ I'm pretty sure it's just bullshit attention whoring. They aren't going to provoke the SK & USA, and we aren't going to do shit to NK with China lurking around. It's mutually assured destruction by proxy.
It's possible things have changed, and PP will refund out of their own pocket. When I setup my stuff years ago, the internet was littered with anecdotal evidence that if the seller cleared out his account, you were SOL. If someone motivated overachiever wanted to take PP to court over their TOS, that would be awesome, but I personally would just give up and eat the loss. My SOP is to be as lazy as possible, and still avoid these worst case scenarios which I did with a free checking account just for PP and still use a CC.
North Korea only has short range missiles, and their military is at about a 1950s level of technology, and wouldn't last a week in a conventional fight against the US. They're just attention whoring. If they take any action against South Korea, Japan, or the US, they will be wiped off the map, and they know it.
Even China would lose to the US in an all out war. Our missile defense systems have advanced a lot in recent years to the point where we can easily intercept incoming ICBMs with EKVs. China's conventional forces are much weaker than ours. They only have one expeditionary division. They would be a tougher foe than NK, but they would still lose. China is also too economically interdependent with the US to go to war. In fact, if NK becomes aggressive, it wouldn't surprise me if they either stay out of the fight, or become hostile with NK.
I'm not worried about them attacking our motherland, but more of what they'd do the south. It'd be an attack on a fully developed nation which would directly effect us too. Even if they don't attack us, we'd be all in on a war. They've gotten away with a ton in the past few years (sinking of cheonan destroyer and shelling of yeonpyong island) with no one keeping them in check due to everyone knowing the costs of modern war in the korean peninsula. they have to be dealt with at some point, but the thought of the collateral damage that would happen (bloodshed and economy-wise) is frightening.
I think the only thing that has stopped us from strategically bombing the hell out of them is China. We also need to remember that about 96% of the population is brain washed, starving, and in some kind of forced labor. I don't think any of those people would be there if they had a choice.
I think so too. If China wasn't their friend, they would've been stomped into the ground already. But I don't think we can go to war with China directly, it will probably be the beginning of WW3. We've moved on to economic mutually assured destruction from weapons based vs the Soviets.
Absolutely. And we probably would have won the Korean War if not for the North Koreans getting reinforcements from China. There was a point during the war where most of North Korea was under Allied control.