@zrxcat
Questions about Pay in 4 repayments
How do I make my repayments?
After your down payment, your 3 subsequent repayments will be taken automatically from the confirmed payment method you provided at the time of application. Currently, your PayPal balance can only be used for one-time repayments that you initiate through the PayPal app or the PayPal website. Your PayPal balance cannot be used for autopay repayments
Can I make extra or unscheduled repayments?
Yes. Log into your PayPal account, go to your Pay Later section, choose the Pay in 4 plan you want to pay and click Make a Payment. Then, you can make an unscheduled or extra repayment that will be applied to that Pay in 4 loan.
Important information. If autopay is enabled for your Pay in 4 plan, the one-time repayment has to be received prior to 11:59pm ET the day before your repayment due date in order to stop the auto repayment from processing. Processing a one-time payment after this cut off time, may result in both the one-time repayment and the scheduled auto repayment processing. We are unable to return payments. If this action results in an over payment of your full Pay in 4 plan amount, the overpayment will be refunded to your PP balance account.
Can I pay off the entire Pay in 4 plan at once?
Yes. Log into your PayPal account, go to your Pay Later section, choose the Pay in 4 plan you want to pay off and click Make a Payment. Then you can make an unscheduled repayment to pay off the entire Pay in 4 loan. There are no penalty fees for paying off the balance early.
Kudos & Solved are greatly appreciated. 🙂
