available credit & current balance?

jchun
New Community Member

Just wondering, in the home page of paypal....What does available credit mean & current balance? Any difference?

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8 REPLIES 8

PayPal_Erica
Moderator
Moderator

Hi there!

 

It sounds like you must have one of the PayPal credit products on your account, like Bill Me Later or the PayPal Extras MasterCard. These sections would be referring to this credit line. Your available credit is what you have to spend, current balance is what you have already spent. 🙂

 

Let us know if there are any more questions!

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sunnyjap
New Community Member
Hmm I'm so confuse between Current balance and Statement balance?? Please answer it ASAP
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snowshoe
Frequent Advisor
Frequent Advisor

Your current balance is what you actually have in your PayPal Account Balance which is money you have.    Statement balance would be if you were using another PayPal Product like one of their credit cards, this can be what you still may owe or have paid off.

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lamaj
New Community Member
So if I have $1,000 in available credit do I have to pay it back if I dont spend any of it?
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ltmart
Contributor
Contributor
my new account is showing an available credit line of $7500, a balance of $7448 and a bill due 5/15 I did not authorize any credit, nor do I authorize any credit! Please advise
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BLACKCOFFEE2
Member
Member

MY PAYPAL SAYS I HAVE 4HUNDRED SOMETHING CREDIT AND MY BALANCE IS 0-----SO HOW DO I USE IT.

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BLACKCOFFEE2
Member
Member

WHERE DOES YOUR AVAILABLE CREDIT COME FROM. I NEVER ASKED FOR IT OR TOOK MONEY FROM MY ACCT.AND PUT IT IN PAPAL,IT WAS JUST THERE.SOOOOOO WHERE DID IT COME FROM !

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Sandrakaye
Contributor
Contributor

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