PayPal Credit is a credit line that is built in to your PayPal account. You can use PayPal Credit during PayPal checkout on eBay and almost everywhere PayPal is accepted. In fact, set it as your preferred payment method and you’ll speed through PayPal checkout even faster.
The next time you check out with PayPal, simply select PayPal Credit as your payment method. Answer 2 quick questions: your birth date and your Social Security number. Approval takes only seconds. Once approved, PayPal Credit will automatically be added to your PayPal account .
Get more time to pay when you check out with PayPal and pay with PayPal Credit at most places PayPal is accepted. Plus, score valuable discounts and offers, like special financing on purchases of $99 or more, when you use PayPal Credit. You can also review all of your purchases and pay your bill through PayPal.com.
It’s easy! Visit www.paypal.com/myaccount/credit/accountLinking and follow the simple steps to easily link your PayPal Credit account to your PayPal account.
Simply log in to PayPal.com. On your Account Overview summary, you will see your current payment due for PayPal Credit. You can use your PayPal balance or your bank account, plus, you can pay in full or over time (interest charges may apply).
You can choose to make no payments for 6 months. You will receive monthly statements and can make payments at any time. As long as you pay in full by the promotion expiration date, you will not be billed interest. If you do not pay in full, interest will be billed from the date of purchase.
If a minimum payment is not received by your payment due date (found on your statement), you will be charged a late fee in the amount of the missed payment—up to $25 the first time you are late. Subsequent late payments will be charged a late fee up to $35.
When you check out with PayPal and choose PayPal Credit as your payment method, the purchases are covered under PayPal's Purchase Protection program. See Eligibility.
Yes you do. Here's how it works: after you've been approved, Comenity Capital Bank will open a PayPal Credit account with a credit line equal to the amount of your purchase or $250, whichever is greater.
You can continue using PayPal Credit to make purchases. If those purchases cause your outstanding balance to exceed your credit line, then you will be evaluated for a credit line increase. This evaluation happens seamlessly during the checkout process. You don't need to do a thing. Best of all, your checkout won't be slowed down. Here's an example of how this works:
PayPal Credit is a line of credit provided by Comenity Capital Bank, an FDIC-insured, Utah-chartered, industrial bank. Comenity Capital Bank will review and consider your credit report and other credit-related information prior to opening your account and establishing your credit line. Creditworthiness is determined by Comenity Capital Bank and only takes a matter of seconds as part of the checkout process.
When you attempt to make a purchase for an amount above your credit line, it will be treated as a request for a credit line increase. Your eligibility for a credit line increase is determined by your credit history and customer history with PayPal Credit. This request happens seamlessly during the checkout process. You literally don't do anything on your end, and best of all, it won't slow down your checkout.
PayPal Credit is available at most places PayPal is accepted. It is also available exclusively on thousands of other online stores that accept PayPal Credit.