Monthly payment due on paypal credit

Temp20211002ao
Contributor
Contributor
Just throwing it out there but how much would my monthly payment due be on an outstanding balance of £700 without any promotional 0% interest offers?
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1 REPLY 1

PayPal_Craig
Moderator
Moderator

Hi @Temp20211002ao,

 

Welcome to the Community! 


The minimum repayment amount is calculated based on your purchases, and will include:

 

- any instalment offer payments due for that month;

- or 2% of the outstanding balance (which excludes any instalment offer balances, but includes any 0% for 4-month offer balances); and

- any interest, charges, and arrears.

 

Your monthly minimum repayment will be shown in each statement and in the PayPal Credit section of your PayPal account. 

 

Hopefully, this clear it up for you. 

 

PayPal_Craig

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