I won't be purchasing things that I used to buy on Paypal Credit. I believe Ebay will suffer from this change the most.
I have 2 Amazon credit cards and a Walmart card that has the same terms, why would I use Paypal Credit now. I won't use them. I will go out of my way not to use Paypal also. I have changed every monthly automatic payment that uses Paypal to my credit card.
I normally buy big items thru Paypal Credit because I had the flexibility to pay it at a later date, which I loved.
I will stop using Paypal altogether unless forced to by a seller, such as my daughter's university makes her pay her debit card with paypal, although it comes right out of my checking account.
They are hoping that people will be late paying their monthly bill, is what I am assuming, so that they can collect the late fees.
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