Can I get a cash advance from PayPal Credit?
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Can I get a cash advance from my PayPal Credit account…. or do I need to send $ from the Credit account to a friend and then have them send it back to my PayPal account?
- Labels:
-
PayPal Credit
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
https://www.paypalobjects.com/marketing/web/us/en/ppcterms/ppcterms.html
Cash advances are extensions of credit made on the account when you use Send Money to transfer money to friends or family members (not to or from a business) without a purchase. You may not use the cash advance feature to Send Money to yourself.
Advice is voluntary.
Kudos / Solution appreciated.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Whatever you do, avoid cash advanced at all costs. I sent my ex wife $1,000, last year in April and used cash advance, thinking it would be paid off with my monthly transactions. Ive paid thousands and thousands of dollars as my PayPal payments for credit, often need to be $300-$400 a month to keep from incurring interest on 6 month same as cash purchases. Well, I never looked into the fact that paying back the cash advance, needs to be done after the first month, or it keeps accruing interest. I cash advanced $1,000 18 months ago, and that cash advance is now $1,628. I thought i was paying it down as I was making $300-$400 payments, a month, but it was apparently never touching that advance. I feel like I've been ripped off. There is no way to pay down the cash advance without paying your whole account amount down. Its insane.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
- Asked for verification on log-in, unable to receive text, do not use Whatsapp & won't put id online? in Security and Fraud
- Account restricted after creating an invoice and answered the resolution it was a test in Managing Account
- Which debit or credit card should I link to my Paypal account in Wallet
- PayPal Hosted Fields Not Working in Live Environment in Products & Services
- Transaction on Hold, cannot receive funds...sent odd email in Security and Fraud