I am looking to purchase something. The interest charge is a bit high. So, my question is let's say something costs $1000, I use the "Pay Monthly" Program and the interest is $200(Not Paypal Credit). If I did monthly payments my end total would be $1200 after let's say for 6 months. Am I able to pay the $1000 within the 1st month and avoid the $200 interest or would I still end up paying it on the backend.
Welcome to the PayPal Community and thank you for your post!
I do understand your concern with this. Currently, PayPal Credit have a special financing offer, 'Get No Interest if paid in full in 6 months on purchases of $99.00+.'
This would mean if you paid the $1000 purchase back within the 6 months, you would not be charged interest. For further details, please click here.
