PayPal Credit 0% 4 months

Hi everyone,

Could someone tell me how does this offer work? My DD always pay my last statement but I’d like to pay in 4 instalments this time. Do I need to cancel my DD?

TIA

Comments

  • T-G-C
    T-G-C Posts: 591 Forumite
    500 Posts
    You need to change the Direct Debit settings to deduct the minimum payment, which would be the case under a 0% plan, until prepared to clear the balance on the fourth month.

    You can contact PayPal customer service if unsure, but since their UI changes on a regular basis, I do not wish to post the instructions here.

    The offer works like this: purchase a product with a qualifying retailer through PayPal Credit and receive 4 months of interest-free credit. You can make the minimum payment, or higher, each month without interest being applied as a result. You should clear the balance by the fourth statement to avoid interest being applied thereafter.
    Advice provided from this account does not consist of any professional knowledge. For professional debt advice, please contact either National Debtline or StepChange. Advice may consist of personal experience, opinion and/or informational sources.
  • JohnMl88
    JohnMl88 Posts: 72 Forumite
    Second Anniversary 10 Posts
    I’ll ask paypal because I bought two items, one is only £15ish so I’d like to pay this one off and the offer only the minimum.
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