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How To Apply For Paypal Credit: A Step-by-Step Guide

PayPal Credit is like a credit card, without the plastic. It’s a credit limit that’s attached to your PayPal account which you can use for your online purchases. If you are looking for information on how to apply For Paypal Credit, you are in the right place. It’s quick and easy to apply for PayPal Credit – all you need to do is complete a short application form and they’ll give you a decision instantly.

If your application is successful, PayPal Credit will be available as a funding source within your PayPal wallet and can be used for purchases in most places where PayPal is accepted. You can make purchases in the same way as you would with a normal credit card, by choosing PayPal Credit as your funding source at checkout.

What You Should Know About PayPal Credit

PayPal Credit is an open end (revolving) credit card account that provides a reusable credit line built into your account with PayPal giving you the flexibility to pay for your purchases right away or pay over time. It’s easy to apply, easy to use and there whenever you need it. PayPal Credit is subject to credit approval and is offered by Synchrony Bank.

PayPal Credit will provide you with a monthly statement showing your transactions and detailing the minimum repayment amount. Repayments can be made by monthly direct debit, directly from your PayPal account or by speaking to their customer service agents.

Key takeaways

  • For New Accounts: Variable Purchase APR is 23.99%. The APR is accurate as of 3/1/2022 and will vary with the market based on the Prime Rate (as defined in your credit card agreement). Minimum interest charge is $2.00.
  • If approved, we start you off with a minimum credit line of at least $250
  • If you miss a payment your late fee could be up to $41, even less if it’s your first time

How To Apply For PayPal Credit

You will need an account with PayPal to apply for PayPal Credit. Once you’ve signed up for PayPal, you can begin the application for PayPal Credit. Signing up for PayPal is free.

When you apply for PayPal Credit, you’ll be asked to provide your date of birth, your income after taxes, the last 4 digits of your Social Security number, and agree to the Terms and Conditions. You’ll know within seconds if you are approved. And here’s the cool thing: your PayPal Credit account will be linked to your account with PayPal and you’ll see it as a payment option every time you check out with PayPal.

How To Apply For Paypal Credit: A Step-by-Step Guide

To apply For PayPal Credit go to https://www.paypal.com/ppcreditapply/da/us/lander and click on apply now. On the next page, you will be asked to log in to the system with your username and password, however if you are new user, sign up for PayPal and apply for PayPal Credit.

Synchrony Bank will review and consider your credit report and other information prior to opening your account and establishing your credit line. This process usually happens in a matter of seconds as part of the PayPal Credit application process.

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How To Contact Paypal Credit Customer Service

Everybody needs to know, and have some contact details of everything possible in order to trust it. Paypal has one as well, and that too with a very quick response giving service plus they will solve your problems easily without delaying it. 

So, if you have any query, doubt or any problem, then just simply contact them by going to their official website, then going to their “contact us” Section or you can directly tap the link given here – https://www.paypal.com/us/smarthelp/contact-us and it will lead you automatically to the contact us section where you will just need to select an option between the medium of approaching them, that is, via email, phone, mail or complaint policy statement. 

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