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When can you borrow again on your account

New Community Member

When can you borrow again on your account

At what percent must your current loan be paid before you can borrow again?
1 REPLY 1
Contributor

Re: When can you borrow again on your account

PayPal CREDIT is not a loan or a finance agreement it works the same way as a credit card so you can spend up to your credit limit, as far as I'm aware.

So for example lets say your credit limit is $1000 and you buy something for $900 your remaining available credit will be $100 and you can use it right away. However if you buy something for $1000 your remaining credit balance will be $0 so you have to pay some off to re-credit your balance.