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Paying off Paypal credit balance early?

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Paying off Paypal credit balance early?

I have taken credit over 1 year 6 months. If  I decided to pay double the amounts each month to try and pay this much sooner would this drop the amount in interest that I owe for the entire year?

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Re: Paying off Paypal credit balance early?

I didn't ask. I just started making payments which are big enough to pay off the balance in 5 months. Since they are accepting those payments and reducing the balance accordingly, and interest is based on the current balance, I'd guess that's a "Yes." Note that I live in the US... the details of your acct may be different.