I have a pay-pal account that is negative 900.00 and they have turned me into collections. it is because of chargebacks. By not paying the negative balance will that effect my credit?

Hey, yes it will, when you signed up with PayPal you agreed to terms and conditions which basically gave them the right to retrieve money owed to them using any means nessesary, which also gives them the right to report your to credit services which will have an impact on your credit rating, same thing happened to me but i just paid it off even though it was totally a scam and not my fault.