Pete-do you have a PayPal credit card or just using the PayPal credit feature? You can "borrow" the money now with the chance the transaction may never happen?
Sorry for the delay in my response. I just have the PayPal Credit feature - I could have gotten a credit card to use against that available credit line, but I opted to not go that route because I do not like to carry a lot of credit-card debt month-to-month. So it's more like a line of credit than a credit card. I hope that makes sense.
I did get a notice from PayPal that there was an authorization issued for the amount, but my current balance is still $0, but my available credit has been reduced by the pledge amount. My payback period of 6 months won't start until the charge is actually processed on the 3rd of April.
So if it makes it (which I hope it does) the clock starts for me April 3rd. If it fails to reach 5000 backers then the authorization will be released and I'll never have had to give Paypal anything for this. It's not like I got charged and then Hasbro is going to issue a refund.
To me this made the most sense for a couple of reasons:
1) I get 6 months to spread the cost of my two sail barges out
2) I keep a credit card for emergencies like home/car repair, medical expenses, etc... if I had used my credit card it would have reduced my available credit on that card by $1067, which kinda stinks and defeats the purpose of having the card for emergencies, so instead I used my PayPal credit line which I have SOLELY for picking up big items for my collection.
I hope that helps answer any questions you have Nick - if you have any others, feel free to reach out.