PayPal credit minimum payment due
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You don't pay interest for 4 months, doesn't mean you don't pay anything.
Advice is voluntary.
Kudos / Solution appreciated.
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Well if you don't believe me then...
you don’t get charged interest.
For purchases above £150, however, this interest-free period shoots up to four months; you just need to make minimum repayments.
Advice is voluntary.
Kudos / Solution appreciated.
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I didn't say i didn't believe you !?
its just that your answer was a little light on information 😉
im not fully understanding with how the "4 months interest-free" works.
i was under the impression it was like 4 months buy now pay later whereby you pay the full amount after 4 months.
so, in reality, i pay an amount (as long as its minimum payment) every month and pay the balance in full after 4 months?
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You pay whatever amount you want as long as it is over the minimum amount BUT they don't charge you any interest on the remaining balance until after 4 months.
Advice is voluntary.
Kudos / Solution appreciated.
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How do i calculate the minimum payment the information given doesnt make sense to me
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Hi @jimos87,
Thank you for your question! The minimum payment will be calculated for you when your bill is generated.
I hope this helps!
Olivia
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