PayPal Credit

[destes1976]

Hi!

I was wondering what fees and charges are associated with sending money to family and friends using PayPal Credit?  I was told by a family member that it is treated as a Cash Advance and that a charge for that plus interest is charged.

[sharpiemarker · Accepted solution]

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@destes1976 wrote:

Hi!

I was wondering what fees and charges are associated with sending money to family and friends using PayPal Credit?  I was told by a family member that it is treated as a Cash Advance and that a charge for that plus interest is charged.

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Yes, that is correct. If you're not making a purchase and taking out cash on your credit line essentially, there is a cash advance and interest charges on it. Plastic cards also have cash advance capability and have the same fees/charges as well. Check the PayPal Credit agreement for more information and charges associated with sending money to f&f by clicking "Legal" at the bottom of any page on PayPal.