I have had some personal issues recently, and may not be able to meet my financial obligations in a timely manner. I have never been late with a PayPal credit payment, but I may be soon. What happens if I miss a payment?
You will be charged a late fee for each month that the minimum payment is not paid by the payment due date. The first time you’re late, the amount of the late fee will be the same amount as the missed payment, up to $27. If you’re late again, the late fee will be up to $38.