eBay

itsblahzayy · ‎03-02-2022

I have an available $800 paypal credit limit.

I just paid off my balance in full in the last couple weeks.

I've had paypal credit since about 2015 & I've not missed a single payment during nearly 7 years time.

The item on eBay I'm wanting to purchase is about $950.

eBay checkout is giving me the option for paypal credit, with the 24 month option.

My question is regarding the remaining $150. Would I be required to make an immediate payment of this amount to cover the "limit overage"?

For example, would I be required to pay the $150 today, then paypal splits the remaining $800 of my available credit up into individual payments as usual?

If so, where would I make this $150 overage payment? Through ebay during checkout or sometime afterwards through paypal?

kathiec · ‎03-02-2022

I have the feeling the purchase just wouldn't go through on Paypal Credit if it exceeds your credit limit. The simplest thing to do would be to call PPC customer service (1-844-373-4961) and request an increase to your credit limit. Unless you have major credit problems you can usually get an instantaneous increase.

fuzzface50 · ‎03-02-2022

Only suggestion I can make is how about asking Paypal if they can raise your credit limit to $1,000 seeing you are paid up and payments were always made on time?

reallynicestamps · ‎03-02-2022

You could use a different credit card, where you do have enough credit available.

You could put money into that credit card from your savings or current account to have enough credit available.

You could realize that you can't afford the item at the moment and start saving up for it.

kathiec · ‎03-02-2022

@reallynicestamps wrote:
You could use a different credit card, where you do have enough credit available.
You could put money into that credit card from your savings or current account to have enough credit available.
You could realize that you can't afford the item at the moment and start saving up for it.

It's an erroneous assumption that the only reason someone would use Paypal Credit is because they can't afford the purchase otherwise. I use Paypal Credit's no interest offers anytime I buy something more than $99. Yes, I could buy the item outright, but spreading it out both works better with my budget and allows me to keep more of my cash invested and earning something.

It's honestly a bit tacky to make assumptions about someone's financial position when you have no idea what it really is.