PayPal Credit is a financing option offered through PayPal. It is like the personal line of credit built into your PayPal account, which gives you up to 6 months to pay for your purchase(s). During that time, you are not required to make monthly payments and there is no interest, provided you pay the balance within 6 months.
This lets you buy what you want today without having to pay for it today!
To take advantage of PayPal Credit you simply go to your shopping cart. Begin by selecting PayPal as your payment method during checkout.
Step 1: While in your cart, select PayPal to checkout
Step 2: Login to your PayPal accountNote: If you do not yet have a PayPal account, you are in the right spot ("Use PayPal credit and create a PayPal account").
Step 3: On the next screen choose the PayPal Credit option and click "Apply Now"
Step 4: Complete the application and finalize your purchase through PayPal.
Answer a few very basic questions and accept the terms. You'll receive your approval notice in seconds!
Look for an Email with your PayPal credit statement. That’s it you're done!
Once you've complete your payment, your Paypal Credit balance will display inside of your Paypal account. Paying part or all of your balance is simple. “Transfer” funds from your PayPal account to BillMeLater and you're good to go!
Now that you don't have to worry about how you are going to pay a big chunk of money today, you'll have the peace of mind knowing that you have 6 months to pay for today’s purchase with zero interest!
For further information about PayPal Credit and frequently asked questions, click here to read Paypal Credit's additional information page