PayPal's 21 day funds hold policy

[jrsygal37]

I'm not sure but right now I'm glad about it. I bought a Quickfire for my son for $199 which was a great price. The day after I bought and paid for it the seller pulled the auction (He had 100 for sale - so he says) Today I sent a note to ask if the item was shipped (It's been a couple of days since I won and paid) and I haven't heard back from him. His feed back is 96.6. percent and normally I would not have bought but the negs left were left for merchandise not received but the follow up said it was due to robbery and that a refund was made. Hoping / keeping my fingers crossed that my son gets his phone. At least with the new rules in effect I should be at least covered for the $207 spent should it not come. I hope anyway. Elaine