PayPal Credit

PayPal Credit

in Personal Lines of Credit from PayPal Inc


PayPal Credit


in Personal Lines of Credit from PayPal Inc

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend PayPal Credit to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Loan Amount $250 - $10,000
APR  (Variable APR) 25.99%

PayPal Credit Review

Where does PayPal Credit do business?

PayPal Credit is a line of credit offered by Synchrony Bank. PayPal Credit is offered in  50 states (and Washington, DC).

What are the APRs offered via PayPal Credit?

PayPal Credit offers personal lines of credit with variable APRs starting from 25.99% to 25.99%.

Does PayPal Credit charge an origination fee?

No, PayPal Credit does not charge an origination fee.

An origination fee is what some lenders charge for processing, underwriting, and funding a line of credit. These fees can range from 0.5% to 5% of the line of credit amount. Whenever possible, go with lenders that don’t charge origination fees.

Does PayPal Credit charge a cash advance fee?

No, PayPal Credit doesn't charge a cash advance fee. Some lenders charge a cash advance fee every time borrowers withdraw cash from their line of credit. Typically, fees range from 0.5% to 10% of the amount withdrawn.

Does PayPal Credit charge a late fee?

Yes, PayPal Credit may charge borrowers a late payment fee of up to $38 , which is triggered if you're 25 days late


Does PayPal Credit charge prepayment fees?

No, PayPal Credit does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the line of credit off and close the account.

How much can you borrow via PayPal Credit?

Upon approval and based on your credit worthiness, your PayPal Credit personal line of credit will be assigned a credit line of at least $250 and as much as $10,000. .

PayPal Credit Fees
Cash Advance Fee 26.24%
Origination Fee N/A
Prepayment Fee? No
Late Payment Fee $38

What do you need to qualify for a line of credit with PayPal Credit?

Applicants with a credit score of at least 600 can apply for a line of credit via PayPal Credit. The minimum age to apply for a line of credit is 18 or the state minimum, whichever is higher.

PayPal Credit only considers borrowers who are employed, or have a regular source of income or benefits

Active duty servicemembers and their covered dependents are not considered covered borrowers. In other words, they are eligible to apply for a line of credit via PayPal Credit. Their rates fall within the limits of The Military Lending Act. Only U.S. citizens and permanent residents can apply for a line of credit.

To qualify, applicants may need to provide the following documentation:

  • Proof of identity
  • Proof of income

What is the estimated funding time for a personal line of credit via PayPal Credit?

PayPal Credit will typically provide a credit approval decision in less than an hour and fund the line of credit within 1 business day .

How to apply for PayPal Credit

  • Visit the PayPal Inc website.
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
  • Check the information is accurate and submit your application.
PAYPAL CREDIT Disclosure: The issuer of the PayPal Credit account, Synchrony Bank, does not have a financial relationship with and has not endorsed this content. ** For New Accounts: Variable Purchase APR is 26.24%. The APRs are accurate as of 02/18/2019 and will vary with the market based on the Prime Rate (as defined in your credit card agreement). Minimum interest charge is $2.00. Of course, you can choose to pay your entire balance by the payment due date each month to avoid interest charges. Learn more about the interest rate. You will be charged a late fee for each month that the minimum payment is not paid by the payment due date. The first time you’re late, the amount of the late fee will be the same amount as the missed payment, up to $27. If you’re late again, the late fee will be up to $38. However, the late fee will not exceed $5 if the minimum payment due is less than $27. Learn more about late fees. Paypal Credit is only available to US customers who are of legal age in their state of residence.
SUPERMONEY Disclosure: is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...


Message from PayPal Inc

Buy now, pay over time with PayPal Credit. PayPal Credit is a digital, reusable credit line that helps make it easier to fit purchases, big or small, into your budget every time you shop at your favorite online stores where PayPal is accepted.

Other Services by PayPal Inc


Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Annual Fee $0
No Origination Fee  
No Prepayment Fee  
Carried Balance Fee $0
Late Fee After (number of days) 25
Late Fee Amount $38
Cash Advance Fee (%) 26.24%
Minimum Payment $2
Minimum Age 18
Credit Score Range 600 - 850
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Retired
  • Self-Employed
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Supported Income Types
  • 1099 Misc. Income
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
Verification Documents Required
  • Proof of Identity
  • Proof of Income
  • Social Security Number
Loan Amount $250 - $10K
APR (Variable APR) 25.99%

Be the first to rate


Would you recommend PayPal Credit to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Personal Lines of Credit