Paypal Credit

Paypal Credit

Applying is simple & easy


1 Complete the short application form.

2 If approved, your credit will be available in your PayPal account in minutes.

3 Start spending straight away at thousands of online stores with PayPal Credit


PayPal Credit

For UK customers, there's now an easy way to treat yourself by using instalment offers from PayPal Credit. It's a quick, straight forward process allowing you to get 0% finance on purchases over £99 for 4 months on everything.

Laptop Outlet Ltd acts as a broker and offers credit from PayPal Credit. PayPal Credit is a trading name of PayPal (Europe) S.à.r.l. et Cie, S.C.A., 22-24 Boulevard Royal L-2449, Luxembourg.

What is PayPal Credit?

PayPal Credit is a simple and flexible credit line that sits alongside your PayPal account. It is a paperless, cardless revolving credit limit.

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.

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

As long as you are a UK customer and have £99 worth of goods in your basket you will be eligible to apply for PayPal Credit.

Before you apply, Please make sure you:

  • Are a UK resident aged 18 years and older
  • Have a good credit history
  • Are not currently declared bankrupt
  • Have an income greater than £7,500 per year

If you are approved for a credit limit with PayPal Credit, and use it for future purchases, the standard variable rate will apply. This is currently 23.9% APR (variable).

How do I use PayPal Credit?

It couldn't be easier! You can apply for PayPal Credit directly from the checkout or from cart page. Just select the PayPal Credit option on the payment page or from shopping cart.

PayPal Credit

This will guide you to PayPal Credit's application page where you can start the process of applying for PayPal Credit.

The application should take no more than 10 minutes to complete and you will then be redirected back to homepage to complete your transaction. All that is left to do is wait for your chosen products to turn up!


Spread the cost to give you more control and flexibility

No card. No hassle. Just credit you can use online again and again, as much or as little as you like.

Instant Access

If approved, your credit will be available in your PayPal account straight away with no delays waiting for plastic and pins.

An extension to your PayPal wallet

PayPal Credit is just another great way to pay with PayPal. Just select PayPal Credit as your preferred payment option and you can use it at thousands of stores, including eBay.

Payment Reminders

We know how busy you can be so to help you stay on track with your payments, PayPal will send you payment reminders.



How does PayPal Credit work?

PayPal Credit is a paperless, card-less credit limit that gives you more control over how you pay. PayPal will do a credit check and if you are approved, you could be eligible for one of our offers. Enabling you to spread your payments in easy-to-manage, monthly instalments over the period of 4 months at a reduced or even 0% interest rate. Get 0% finance on purchases over £99 for 4 months on everything.

What is an APR?

An APR (Annual Percentage Rate) is shown on products where you borrow money so that an easier and fairer comparison can be made. It’s the total cost of your credit product expressed as a percentage, spread over 4 months.

Does it take long to apply?

The application should take no more than 10 minutes to complete. PayPal will run a credit check and give you a decision in seconds. Once you’ve read and agreed to your Credit Agreement, you can complete your purchase right away.

How do I make payments?

You can make a single payment from your bank account, debit card or PayPal balance at any time, either online or by calling PayPal Customer Service. Alternatively you can set up monthly Direct Debit payments from a bank account you’ve linked to your PayPal account. To set up Direct Debit payments, log into your PayPal account and follow the instructions on the Make a Payment page.

Does PayPal Credit offer other benefits?

PayPal Credit gives you credit that you can use again and again. Other benefits include:

  • Flexibility and control – choose to settle up immediately or spread the costs monthly.
  • Promotional offers so you could receive reduced interest, or interest-free rates, on certain purchases.
  • PayPal Credit is easily accessible from your PayPal account when you make an online purchase.
  • An easy way to manage purchases: view purchases on your monthly statement or online.

Are there any fees associated with PayPal Credit?

If you’re late with a payment, PayPal will charge you a late payment fee of £12. You’ll be charged a return payment fee of £12 if you have insufficient funds to cover the payment. PayPal also charge a fee of £5 if you request a printed copy of a previous statement. For more information on how these fees apply, please refer to the Outline of Credit and your Credit Agreement.