eBay and PayPal Credit

Martynt74

Martynt74

Martynt74

Soldato
Joined
20 Feb 2004
Posts
22,904
Location
Hondon de las Nieves, Spain
Has anyone else noticed recently that the 0% option is no longer available when buying something on eBay via PayPal? I just get the option to spread it over 24 months at 12.9% interest rate.

It’s a bit annoying. Not sure if it’s just me being a soap!
 
Definitely the pay after delivery option hasn't been there a few times for me, haven't noticed the 0% but haven't used their credit.
 
Just googling the term PayPal credit option missing says that some merchants don't accept PP credit as a payment source, even if they accept PayPal.

Never used it so can't confirm, but that seems plausible
 
d_brennen said:
Just googling the term PayPal credit option missing says that some merchants don't accept PP credit as a payment source, even if they accept PayPal.

Never used it so can't confirm, but that seems plausible
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OCUK are one such place, they'll take PP but not PPC.
 
Bouton Aide said:
They can't loan people money without interest, how do they make money?. Doesn't sound like a good idea in the first place.

You just being a soap. Whatever that means.
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it used to be 0% over 4 months. I’m sure eBay used to offer it. Perhaps it stopped when they broke ties with PayPal a while back.

Also soap = spaz with autocorrect it seems!
 
No it was there in January (4 months to pay with 0%).

Plenty of loans are 0% or products (look at carpets/settee on TV), as they want you to default and enter the alternative agreement if you do not pay in full by 4months.
 
Martynt74 said:
it used to be 0% over 4 months. I’m sure eBay used to offer it. Perhaps it stopped when they broke ties with PayPal a while back.

Also soap = spaz with autocorrect it seems!
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The 4 months 0% for over £99 was never a seller controlled option I don't think it's just a standard PayPal credit thing, as soon as you use ppc and its over £99 they give you the 4 months 0%.
 
Bouton Aide said:
They can't loan people money without interest, how do they make money?. Doesn't sound like a good idea in the first place.

You just being a soap. Whatever that means.
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Probably incurs a greater cost to the retailer/they get more sales than they otherwise would.

Since the options are usually over 4 months or so, it’s not like they’re losing much to inflation :-)
 
Bouton Aide said:
oh yeh if you default. Wonder how many people defaulted on loans last year and this year.
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I notice some sarcasm there, does not change the fact there 0% credit and if you default that is down to you even if unavoidable due to Job loss/Health etc.

I pay for higher priced items via PP credit even though I can afford to buy outright, I feel it gives me even more protection that normal PP and it is better in my bank account than theirs, I pay it off about 2 weeks early just to be safe and they have raised my credit twice so far.
 
Bouton Aide said:
They must be loosing out on a lot of money as well by people who do close the loans on time lol
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I do believe creditors like PP and Visa etc. charge a merchant fee for their services regardless. They'd rather everyone just pay their bills on time, and have many of them :p
 
JohnG7 said:
I notice some sarcasm there, does not change the fact there 0% credit and if you default that is down to you even if unavoidable due to Job loss/Health etc.

I pay for higher priced items via PP credit even though I can afford to buy outright, I feel it gives me even more protection that normal PP and it is better in my bank account than theirs, I pay it off about 2 weeks early just to be safe and they have raised my credit twice so far.
Click to expand...

d_brennen said:
I do believe creditors like PP and Visa etc. charge a merchant fee for their services regardless. They'd rather everyone just pay their bills on time, and have many of them :p
Click to expand...

Indeed.
 
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