PayPal
paypal.com › us › digital-wallet › ways-to-pay › buy-now-pay-later
Buy Now Pay Later | Pay in 4 | Pay Monthly | PayPal US
Pay Monthly is subject to consumer credit approval and eligibility. In store single-use card is valid for one purchase and must be used within 24 hours of loan approval. Fixed APR is 9.99-35.99%. Terms and rates vary based on purchase amount ...
Reddit
reddit.com › r/paypal › does pay monthly do a hard credit check?
r/paypal on Reddit: Does Pay Monthly do a hard credit check?
January 29, 2024 -
I’m looking to make a purchase that is just over the $1500 limit for pay in 4. Can anyone verify whether or not the Pay Monthly option (NOT “PayPal Credit”) will be a hard inquiry on your credit?
The website says:
“Applying for Pay Monthly will not impact your credit score. If your Pay Monthly Installment Loan is approved and used, PayPal may report your Pay Monthly Installment Loan to credit reporting agencies. This will include information like your loan amount and payment history which may impact your credit score.”
But also says:
“To apply, you’ll need to create a PayPal account (if you don’t already have one) and complete the Pay Monthly installment loan application by entering your personal information, including your US residential address, your Social Security Number (SSN) or Individual Tax Identification Number (ITIN), date of birth, annual gross income, and phone number/type.
This information is used to verify identity and determine eligibility.”
Are they determining eligibility through a hard inquiry?
TIA!
Videos
Can I choose whether I get a PayPal Credit Card or a PayPal Credit digital line?
No. If approved, you’ll get either a PayPal Credit Card or a PayPal Credit digital line based on your credit history.
paypal.com
paypal.com › us › digital-wallet › ways-to-pay › credit-services › paypal-credit
PayPal Credit: Your Reusable Credit Line | PayPal US
Is a credit check required when applying for PayPal Pay Later offers?
When applying for PayPal Pay Later solutions, a soft credit check may be needed, but will not affect your credit score. You must be 18 years old or older when applying for Pay Later.
paypal.com
paypal.com › us › digital-wallet › ways-to-pay › buy-now-pay-later
Buy Now Pay Later | Pay in 4 | Pay Monthly | PayPal US
What is the difference between the PayPal Credit Card and the PayPal Credit digital line?
The PayPal Credit Card is a travel companion and so much more. Use it to pay over time on all qualifying travel purchases posted to your account by September 30, 2026, plus use it wherever Mastercard is accepted. When you check out with PayPal, use PayPal Credit Card to unlock special financing on all purchases of $149 or more.
If you aren’t approved for the PayPal Credit Card, you might still get a PayPal Credit digital line. This is a reusable, digital line of credit, with the same special financing offer when you check out with PayPal on purchases of $149 or more.
paypal.com
paypal.com › us › digital-wallet › ways-to-pay › credit-services › paypal-credit
PayPal Credit: Your Reusable Credit Line | PayPal US
PayPal
paypal.com › us › pm-gse
Pay Monthly
Transfer money online in seconds with PayPal money transfer. All you need is an email address.
PayPal Community
paypal-community.com › t5 › Products-Services-Archives › Pay-Monthly-and-Credit › td-p › 2972831
Pay Monthly and Credit - PayPal Community
If so, I found this at the bottom of their main page: "When applying, a soft credit check may be needed, but will not affect your credit score." I hope that helps! ... If you find this or any other post was helpful, make our community better by giving kudos or accepting it as a solution. ... NO the OP meant PayPal Monthly, that's different from 4 payments installments.
PayPal
paypal.com › us › cshelp › article › how-is-my-pay-monthly-application-assessed-help849
How is my Pay Monthly application assessed? | PayPal US
PayPal reviews Pay Monthly applications based on credit score, transaction history, and account age. If declined, other payment methods can still be used.
PayPal
paypal.com › us › cshelp › article › how-do-i-use-pay-monthly-help842
How do I use Pay Monthly? | PayPal US
Pay Monthly is available to eligible ... credit approval. Availability depends on your state of residence, and you must be at least 18 years of age (or the age of majority in your state) to apply....
NerdWallet
nerdwallet.com › personal loans › reviews › paypal buy now, pay later: 2025 review › go to nerdwallet homepage
PayPal Buy Now, Pay Later: 2025 Review - NerdWallet
PayPal
This doesn't affect your credit ... minimum credit score requirement to use PayPal Pay Later. To be eligible for PayPal Pay Later, you’ll need to be at least 18 years old. You must also have a PayPal account in good standing or be willing to open a PayPal account to apply. Pay in 4 isn't available if you live in Missouri, and Pay Monthly isn’t available ... PayPal can divide your purchase into equal installments with no interest. Read our PayPal review to learn more about how to buy now, pay later with PayPal.
PayPal
paypal.com › us › digital-wallet › ways-to-pay › credit-services › paypal-credit
PayPal Credit: Your Reusable Credit Line | PayPal US
Plus, enjoy special financing on purchases of $149+ when checking out with PayPal.1 Pay for hotels, flights, and more everywhere Mastercard® is accepted, with no impact to your credit score if declined.2 ... Interest will be charged to your account from the purchase date if the balance is not paid in full within 6 months. Minimum monthly payments required.
PayPal
paypal.com › us › cshelp › article › questions-about-pay-monthly-applications-help845
Questions about Pay Monthly Applications | PayPal US
When applications are reviewed, several factors are considered including, but not limited to, the information you provided in your application, your credit score, your transaction history with PayPal, and how long you've had a PayPal account. Eligibility criteria are subject to change based on various factors. If your Pay Monthly application can’t be approved, you can still use PayPal to check out securely with other payment methods in your Wallet.
PayPal Community
paypal-community.com › t5 › Products-Services › Does-PayPal-Credit-require-a-monthly-payment-even-with-a-balance › td-p › 3108131
Does PayPal Credit require a monthly payment even ... - PayPal Community
It says my balance is zero, but at the bottom there is also a box that says “amount to avoid standard and deferred interest: $30.” This would only apply if I still had a balance on my account, correct? Follow up question: If I made another large (>$100) purchase, would I still be allowed six months interest free to pay it off, or does that only apply for your first purchase with PayPal credit?
Stax Payments
staxpayments.com › home › payment processing › everything you need to know about paypal buy now pay later [aka paypal pay later]
PayPal Buy Now Pay Later: What You Should Know
February 4, 2025 - On the other hand, Pay Monthly ... creditworthiness. To be eligible, users must be at least 18 years old, have a PayPal account, and reside in a state where PayPal Pay Later is available....
PayPal
paypal.com › us › cshelp › article › what-is-pay-monthly-help839
What is Pay Monthly? | PayPal US
Pay Monthly is a way to spread the cost of qualifying purchases between $49 - $10,000 USD into fixed monthly payments over terms ranging from 3 to 24 months, available to eligible customers during online checkout. Terms and rates vary based on purchase amount and your credit.
PayPal
paypal.com › us › webapps › mpp › credit-pala-easy-payments
PayPal Credit - PayPal
Learn about Easy Payments · No ... from the purchase date if the balance is not paid in full within 6 months. Minimum monthly payments required....
Reddit
reddit.com › r/paypal › paypal credit - option to pay specific amount per month
r/paypal on Reddit: PayPal Credit - option to pay specific amount per month
October 10, 2020 -
Hi,
So I just bought an item worth £200 via PayPal credit. It offered me 0% interest for the first 4 months, which I took. Can anyone confirm if this means that I'll pay £50 every month for 4 months, or do I have to pay £200 at the end of month 4? What's also confusing is how I don't have any control over how much I can pay, as monthly payments via PayPal credit is fixed based on how many months I'll be paying the purchases for.
Top answer 1 of 3
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If you have not done so, Read our FAQ! which answers most questions. Please note that with the current CoVid-19 crisis that support is very limited at PayPal. No one here can fix that or offer solutions. The most common answer is to telephone PayPal support. However at this time such a call may be frutile, though you can keep trying. Try contacting PayPal support using social media such as Facebook or Twitter as this works more often than telephoning. I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
2 of 3
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It’s setup to just have a minimum payment, which I think is $35. You can pay more than that, but you do have to pay the minimum. Minimum increases with your balance- so a $4,000 balance you might have a minimum of $100 for example. If you don’t pay the minimum they’ll charge the interest. Standard financing terms at any store card etc.
PayPal Newsroom
newsroom.paypal-corp.com › 2022-06-15-PayPal-Introduces-Pay-Monthly-to-Give-Consumers-More-Choice-at-Checkout
Press Release: PayPal Introduces 'Pay Monthly' to Give Consumers More Choice at Checkout - Jun 15, 2022
Similar to Pay in 4, merchants ... they will have the option to spread out payments at checkout. Pay Monthly is subject to credit approval....
The Penny Hoarder
thepennyhoarder.com › home › paypal buy now, pay later review: how does it stack up against competitors?
PayPal Buy Now, Pay Later 2023: Pay in 4 and Pay Monthly
PayPal Buy Now, Pay Later Review: How Does It Stack Up Against Competitors?
PayPal Pay in 4 will initiate only a soft credit check, leaving your credit score intact; however, PayPal Pay Monthly approval is subject to a hard credit check. If approved, you may be asked additional questions. For example, with PayPal Pay Monthly, you will be required to choose between ...
Reddit
reddit.com › r/paypal › is the pay later option monthly, weekly, or every 2 weeks?
r/paypal on Reddit: Is the Pay later option monthly, weekly, or every 2 weeks?
March 28, 2024 -
Im about to get a ps5, i have the money to just purchase in full but I feel this woulf be financially safer but im unsure of how this works.
Top answer 1 of 2
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Paypal has 2 Pay Later options. 1)Pay in 4 where you can choose this and if approved, pay for your item in 4 installments. The first payment is due at the time of purchase(although if you use your checking account it can take a few days before the 1st payment actually gets taken out). You are able to use Pay in 4 from $30 to a max of $1500 on each purchase(broken down into 4). Just be aware the higher value your item is the harder it might be to get approved 2)Pay Monthly - this is where you can split your payments into once a month for either 6, 12 or 24 months depending on the value. You can use this for high ticketed items of up to $10,000 and the minimum is $200. I have used Pay in 4 a lot and I like it but I like Pay Monthly better. It's just harder to get approved for it. They both do a soft credit check but imo Pay Monthly has some harder criteria to get approved. I have 4 Pay Monthly plans going now and I love it because you don't have to pay anything for a month after you get approved which is great. Hope that helps.
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Abbreviations used in r/PayPal : NAD - Not as described. SNAD - Significantly not as described. INR - Item Not Received. UAT - Unauthorized transaction. OP - Original poster of the message. F&F - Friends and Family (no protection at all.) G&S - Goods and/or Services (has seller/buyer protection.) Posts about PayPal's policies will be removed. No more complaining about PayPal policy and their taking funds from your account for violations of rules. If you don't like the rules don't use PayPal. If you don't want to lose money, don't leave funds in your PayPal account. Simple as that. But these posts are often political or misleading. So no more posts on this subject! Thank you for submitting to r/PayPal , please make sure you have read the FAQ . If your account was created when you were younger than 18, then that is covered in the FAQ! Try contacting PayPal support using social media such as Facebook or Twitter as this works more often than telephoning. I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
U.S. News
money.usnews.com › home › personal loans
Everything You Need to Know About PayPal Pay in 4 | Personal Loans | U.S. News
January 28, 2025 - Unlike Pay in 4, Pay Monthly charges ... and choose terms with three, six, 12 or 24 payments. ... PayPal Pay in 4 generally does not affect your credit score....
PayPal
paypal.com › ppcreditapply › da › us › lander
PayPal Credit
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Quora
quora.com › Can-you-make-monthly-payments-with-PayPal
Can you make monthly payments with PayPal? - Quora
Answer (1 of 3): Hello. Yes, you can also make minimum monthly payments, or any additional amount of your choosing, until you've paid off your balance according to your standard account terms. Answer 1. Go to Billing & Payments. 2. On the right hand section "Auto reload” enable auto reload by ...