Hey, I had a question regarding the pay monthly option. I was wondering if I were to pay it in full early, would that change the total interest, or do they actually use the interest rate? I'm unsure if it's a flat sum added to the total or an actual monthly APR on the total credit until fully paid. Sorry if this question is dumb, PayPal has always done things a little weird for me so I want to be sure.

Im getting so many conflicting answers on if pay monthly is or isnt a hard credit inquiry. I used their chat AI who says its a soft pull. Google says its a hard pull, but if I ask a different way it says its a soft pull. Ive searched reddit and its both soft pull or hard pull depending whos answering. I just got off the phone with their customer service to ask them and she didnt know as she wasn't familiar with pay monthly option, just kept saying PayPal credit, which, at check out, is a completely separate option. Does anyone really know the actual answer to this? Im trying to get an answer ASAP as the item needs to be ordered today before I go out of town Saturday so it will be here before then.

Made a 700 purchase and got an extra 30 added. Thought I had read and understood the fine print but I guess not.

I've Googled and searched in this sub, and I'm sure it's been explained already (and I did read the terms and conditions and where it explains how they allocate your payments), but I think I just need someone to ELI5 because I'm still not 100% sure how the interest free period for multiple promotional purchases works. . . So, if I only use Paypal credit for qualifying purchases over $99, say I make a $100 purchase in January and another $100 purchase two months later in March, will they both be interest free if I pay off a total of $100 by June (6 months from the first purchase date) and the remaining $100 by August (6 months from the second purchase date), no matter what amount I pay per month? So if I treat it like an extended pay-in-four type of deal, except over 6 months instead of 4, and just pay off the first purchase in equal installments over 6 months, and then the second one similarly over 6 months, I won't be charged interest?

I had assumed that's how it works but I just want to make sure there isn't some fine print that I'm missing that would result in me paying interest, as long as the full amount of each purchase is paid off within 6 months from the original purchase date, even when there are multiple promotional purchases which are adding to the total balance of the account.

Hello everyone, I’m interested in making a purchase using a 12 month PayPal monthly plan. The total for the purchase is 990 but with PayPal APR being added the total would go up to 1110 ($120 in interest). If I were to make the purchase but literally pay it off completely in a week when I get paid would I still have to pay the interest?

So I have a PayPal credit card, use pay in 4, and have PayPal credit. I’ve never used PayPal Pay monthly. I want to buy something that’s $2,100 plus tax. Does the PayPal pay monthly have a max money you can use? Like the CC or credit

I'm curious about PayPal credit's 6 months 0% APR offer and haven't been able to find out if paying off a purchase within those 6 months hurts you at all? This seems too good to be true, just for background I have 3 CCs and have never kept a balance on those cards l, I just pay everything off in full every month. But I'm about to buy something around 1k and having 0 interest deferred payment for this purchase would be great for me right now. I just don't want to hurt my credit by jumping into this because I have a high 700s credit score. Is this a great program for responsible people that pay it in full in 6 months, or just a trap? I'd plan to pay it in full in 5 months just to be safe.

Any one ever used pay monthly and attemtped to pay off early to avoid interest? Lets say I did a 12 month plan. Total interest would be 300$. I am ready to pay it off in 6 months, will the entire 12 months worth of interest need paid off as well, or would I be saving 150$ ish.

only help from paypal is"Paying the loan off early may lower the total amount of interest you pay."