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Personal Lines of Credit
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Last Updated: 02/23/2026

PayPal Credit

in Personal Lines of Credit from PayPal Inc

Last Updated: 02/23/2026

PayPal Inc logo
Mostly not recommended19 total votes
7 users recommend
12 users don't recommend
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Highlights

Community Rating

Mostly not recommended

Amount Range

$250 - $10,000
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APR (Variable APR)

25.99%(Verified 06/21/2024)
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Number of Reviews

19

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PayPal Credit Review

PayPal Credit is offered through PayPal Inc, founded in 1998 and based in San Jose, CA. It is made possible by a bank partnership with Synchrony Bank. PayPal Credit are available in 50 states and Washington, DC.

PayPal Credit FAQ

What APRs does PayPal Credit offer?

PayPal Credit offers a variable APR of 25.99% APR.

Does the 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 the 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 Typically, fees range from 0.5% to 10% of the amount withdrawn.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 the PayPal Credit charge a statement balance fee?

Yes, PayPal Credit can charge a statement balance fee of $0

Does PayPal Credit charge a late fee?

Yes, PayPal Credit may charge borrowers a late payment fee of up to $38 .

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 limit of at least $250 and as much as $10,000. .

What do you need to qualify for PayPal Credit?

Applicants with a credit score of at least 600 and up to 850 may be eligible for PayPal Credit. The minimum age to be eligible is 18 or the state minimum, whichever is higher.
PayPal Credit does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by PayPal Credit.
To qualify, applicants may need to provide the following documentation:
  • Proof of income
  • Proof of identity

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

PayPal Credit will typically fund personal lines of credit within 1 business day of approval.

Does PayPal Inc perform a hard credit pull?

Yes, PayPal Credit performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.

How to apply for PayPal Credit

  • Visit the PayPal Credit website.
  • Fill in the application form. You will typically need to provide general information such as your name, address, email address, Social Security Number, source of income and employment, and checking account information.
  • 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 Supermoney.com 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: SuperMoney.com 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...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

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Message from PayPal Credit

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.

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