Paypal Working Capital Loan Crazy Interest Rate?!
bostonsgarden
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Posted on
Jan-03-2019
10:02 AM
Has anyone else been approved for a loan only to see that it was going to cost you about 30% in fees?!
I've had 11 loans and just paid one off for almost $30k and went to apply for another only to see that at $24,000 it would cost me $6040?!! And that's at a payback rate of 30%
I've never had to pay more than 10 % of the total so this is crazy!
I get why they want such a large % back in repayement but that makes it near impossible to make any profit once you add in Ebays fees& end of the year taxes.
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Working Capital
2 REPLIES 2
victorlock
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Jan-03-2019
03:21 PM
bostonsgarden
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Jan-03-2019
03:27 PM
@victorlock wrote:
can you tell me where you applied
you can google paypal working capital and their website will be there as well as the link to an application& requirements to apply.
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