Does it cost money for me to use my credit card to pay for something via paypal?

Question

Does it cost money for me to use my credit card to pay for something via paypal?

Answer 1

Hi there,

The difficulty with credit card debt is that it can take so long to pay it off that you just get almost bored and spend again. Most people find it hard to live within their means and not get further into debt or back into debt.

I can recommend starting to buy everything with cash - I'm telling you, when you see those bills going through your fingers you will really cut back on your spending! It's far too easy to spend money you don't have with a credit card.

You have to get rid of your credit card debt. Either get a consolidation loan or consolidate your cards to ones with zero or low rates of interest. Once you have done this you MUST get rid of your old cards - cut them up and destroy them otherwise you will be tempted to spend on them again and get into even more serious problems.

You really can get out of credit card debt but it is going to require some discipline and self control and maybe even a five year plan, but once you are out of debt you will feel a new found sense of freedom!

Hope that helps, but please let me know if you need any more info :)

Answer 2

No.  The seller will incur a fee to receive your money, but you won't be charged anything.

Answer 3

If you do not pay the entire balance on your bill by the end of the month, you get charged interest for everything that's on there. So, say you bought an item for 250$, then a week later you buy another item for 100$, then another for 30$.  They will first go for the 250, then the 100, then the 30. So if you send them only 15$, that last 30 will end up costing you maybe three times that. Interest rates are crazy and credit card usage is always risky (and expensive).