If they are not protected by the FDIC, they are not a bank They offer no other services other than Escrow services. So, Legally they can not hold onto the funds past the contract term. People leaving money in the escrow account were lazy and Paypal was illegally using that as Interest funds.
If they are not protected by the FDIC, they are not a bank They offer no other services other than Escrow services. So, Legally they can not hold onto the funds past the contract term. People leaving money in the escrow account were lazy and Paypal was illegally using that as Interest funds.
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