PayPal Credit Min Purchase Confusion

Unknown450
New Community Member

Hello everyone, I am planning to make a purchase over $550 and I see paypal credit giving me an option for 12 month financing. But something I'm a little confused about. It states Monthly payment: $47.08 then Min Purchase: $300.

What does the Min purchase mean? Does that mean I have to make a down payment of $300? or is it just saying that purchases of $300 or more qualify for the 12 month financing?

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I've had paypal credit for a couple of months but most purchases been under $300. Any info would be appreciated.

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