I am attempting to understand how the PP Credit charges and payments are handled.
When I make a purchase online using Paypal, and specify PP Credit as the method, I will see that purchase in my PayPal activity. I will then see an offsetting deposit from PP Credit to cover that transaction. This is the same for my MasterCard purchases.
If my purchase is under $100, I understand that it does not qualify for the 6-mo same as cash program. Later when I make my monthly payment, how is the payment distributed? Is it first applied to the non-qualified purchases first? Then, the balance applied to the qualified purchases? I track my payments by paying 1/5 of the current balance due. This should always keep me where I adhere to the same-as-cash rules.
Please enlighten me so I can better track my status.
Thank you
DaveRobinson
