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PayPal Credit comes to the U.K. to let you buy now, pay later

by Killian Bell | April 14, 2016April 14, 2016 4:08 am PST

paypal-credit

PayPal Credit, the service that lets you buy items online and pay for them later, is now available in the United Kingdom. It takes just a minute to apply, and shoppers pay zero interest for four months on purchases over £150 (approx. $212).

“PayPal Credit is like a credit card you can use for your online purchases, it takes minutes to apply and if you’re approved you’ll have a credit limit in your PayPal account right away,” explains the PayPal Credit webpage.

Once you have PayPal Credit, using it is as easy as selecting the option at checkout when you buy goods online. You can use it at “thousands of stores,” PayPal says, including eBay. PayPal will then help you stay on track with payments by sending helpful reminders.

The company has also teamed up with some retailers to offer longer interest-free periods, such as Samsung, Dyson, and Millets. Once your interest-free period is up, PayPal’s rate is 17.9 percent variable as standard.

Anyone with a PayPal account can apply for Credit. There’s no guarantee you’ll be accepted, of course — that depends on your credit rating — but you’ll get an answer almost immediately, and funds will be available soon after. Follow the source link below to get started.


Killian Bell

Killian Bell is a 20-something technology journalist based in a tiny town in England. He has an obsession with that little company in Cupertino...

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