PayPal credit Q Hiya I aware the new PS5 coming out soon See weblink on eBay https://www.ebay.co.uk/itm/264879289037 I previously had a loan of £277 a month for the last 8 years with NatWest, never missed a payment, finished this loan last month I would anticipate I should have quite a good credit score I was planning the buy new PS5 with credit as I would like to pay in installments Was wondering if I were to apply would I be accepted on basis of my credit report? Also how long would I have to wait for a decision? Say if I wanted to pay £35 back a month for 2 years with interest would PayPal pay the seller the full amount but then I would pay first few payments interest free of the loan from next month from purchase? Feedback appreciated Thanx Rich xx
Yes, it will go off your current credit store like any other credit card. I think depending on the country, if you purchase a certain amount then they have promos where if you pay it off in 4-6 months then you dont pay interest. I would take advantage of that! Especially if you dont plan to make too many small transaction, i usually use the paypal credit because its easier to check out with it on my account and I can see how long I have until the no interest promo is up.