CREDIT VIA PAYPAL - WHAT YOU NEED TO WATCH OUT FOR

WHAT OPTIONS ARE THERE FOR ME?

Would you like to borrow money via PayPal? Then there are three different options available to you:

1. PayPal Business Credit: The loan for businesses

2. PayPal installment payment: For private individuals

3. Pawn loan with pay out directly to your PayPal account: For each

WHAT REQUIREMENTS DO I HAVE TO FULFILL?

To find out which PayPal loan is right for you, you will find the requirements for the individual variants below:

PAYPAL BUSINESS CREDIT

For a PayPal Business Loan, you must fulfill a few requirements:

• Your PayPal business account has already existed for at least 3 months

• Your annual turnover via PayPal is at least €12,000

• There are no insolvency proceedings for your company

PAYPAL INSTALLMENT PAYMENT

You do not complete the installment payment directly via PayPal. There are many companies that accept PayPal installment payments as a selection during the payment process. PayPal only checks your creditworthiness, which is why this option is a prerequisite:

• Good credit rating

PAWN LOAN

All you need for a pawn loan is an item that you can deposit as collateral with CASHY. Depending on the value of the item, you can take out a loan that is paid out directly to your PayPal account. The only requirement is therefore:

• You have collateral that you can deposit as security.

HOW DO I TAKE OUT MY LOAN VIA PAYPAL?

How the PayPal Business Credit

1. After you have obtained the basic approval for a business loan, you choose your desired loan amount (regardless of your sales).

2. Select the percentage at which you pay off all fees and charges.

3. Agree to the terms of the contract.

4. If your loan is approved by PayPal, the money will be credited to your PayPal account in just a few minutes.

Repayment is made via a percentage of your sales proceeds, but you are also free to pay parts or the entire amount manually without any penalty.

This is how PayPal installment paymentworks

You can set up your installment payment with participating companies directly when you purchase your product:

1. Choose your desired monthly installments (3-24 months)

2. After you have accepted the installment agreement, PayPal will check your creditworthiness within just a few seconds.

3. You then confirm the installment payment with your purchase.

This is how a pawnshoploan works:

You have collateral that you can deposit as security at a pawnshop. On cashy.de you can find out immediately how much money you can get and what fees apply.

Simply select "PayPal" to have your credit credited. Your money will be paid out directly to your PayPal account after your item has been handed over (in the store or by shipping).

ADVANTAGES AND DISADVANTAGES - COMPARING YOUR OPTIONS

To help you decide quickly which option is right for you, you will find a direct comparison of all options below: