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PayPal installment payment: interest rates, conditions and more
Now it's official: German PayPal customers will soon be able to make use of installment payments with the online service provider. Our guide summarizes the conditions and interest rates.Germans are not averse to installment payments either. PayPal now fulfills the desire and raises for it proud interest.
PayPal: installment payment with high interestHere are the key facts about PayPal installment payment:
- The installment payment is possible for a purchase value of 199 to 5,000 euros.
- The credit rating is checked in real time and does not take long.
- The term is set at twelve months.
- The loan is repaid monthly.
- The interest rate is 9.99 percent (eff. Annual interest rate).