Fly, I dont trust anyone with my money.
When I get paypaled money, I take it out same day, immediately. Ive heard many horror stories about holding funds and blah blah blah... personally been using paypal and banking fully online for 5 years.
They take their cut like the rest, but its less than the IRs thats for sure.
No I dont trust them with all my money, but as I said, when I show up at a bank with 9 checks for 35-60 each and a couple big ones, i feel like an idiot, Id rather have these companies paypal me the 35 bucks and then take out a 250 withdrawal and get the cash, or would ya wanna sit in line at the bank holding a stack of checks? Wouldnt you prefer me getting this Extreme Fine Art Gallery on the Hun for your refferrals this week, or you want me waiting at the bank?
I got shit to do my friend, no time to waste... pay me with paypal, and Im on my way.
Its fast, its convenient, no its not FDIC insured, but then again, i dont get paypaled more than a couple hundred bucks at a time, and shit its just like a debit card, its Mastercard, although i think theyll stop backing it soon, who cares... long as I can hit the ATM
