Financing with PayPal Credit

Financing with PayPal Credit

What is PayPal Credit?

PayPal CreditPayPal Credit is like a credit card without the plastic. And with 0% interest for 4 months on all purchases of £99.00* or more, it's the perfect way to spread the cost of larger online purchases.

If approved, PayPal Credit is accessible from your PayPal account, allowing you to manage your payments, view your balance and check your monthly statements online. There's no lengthy application to fill out, just answer some quick questions, review and accept the terms and get a decision in seconds.

To see if you qualify, simply checkout on our site and sign up for PayPal credit, or go to PayPal.com and apply directly through their website. You'll usually get a decision within minutes and be able to complete your purchase straight away.

Why use PayPal Credit?

  • No Interest Charged - if the balance is paid in full within 4 months.
  • Safe, Secure Financing - PayPal is a world-renowned company.
  • Easy To Sign Up For - a few mouse clicks and you're done!

Is Financing Right For You?

You should only consider financing your new purchase if you are confident in your ability to pay off the full amount of the purchase within 4 months. Otherwise, you will begin to incur interest on your outstanding balance, which can add up quickly.

Here are a couple of questions you should ask yourself before choosing to finance:

  • Do I make enough money each month to afford the monthly payment?
  • Do I have decent credit now and an interest in building up my credit over time? You can start with a free ClearScore credit score report.

To Apply for PayPal Credit Follow These Simple Steps*

  • Step 1

    Login or create an account with PayPal to complete the PayPal Credit application.

  • Step 2

    Once approved you'll have a credit limit linked to your PayPal account.

  • Step 3

    Go ahead and make your purchase using the PayPal option at checkout.

It’s quick and easy to apply for PayPal Credit – all you need to do is complete a short application form and they will give you a decision instantly.

Apply Now.

Once your PayPal Credit account is approved, PayPal Credit will pay us for your purchase. They will provide you with a four-month, interest-free repayment period, during which you have no minimum monthly payments. In theory, you can defer payments up to four months. You can pay any amount per month during the first four months. At the end of the fourth month, any remaining balance will be subject to 19.9% APR (Variable).

Frequently Asked Questions

For more info and to help you with all the questions you have for PayPal about this payment type, check out the PayPal Credit help pages.

 

* Subject to credit approval. The minimum payment due still applies to 0% offer balances. Any remaining balance due after the 4-month promotional period or any transactions under £99.00 will be charged interest at 23.9% p.a. (variable). In order to maintain the 0% offer, you need to keep up monthly repayments and stay within your credit limit. Credit subject to status. Terms and conditions apply. UK residents only.