How do I know if I qualify for PayPal Pay Later?

Can I Use PayPal Pay Later? A Quick Guide to Eligibility

Want to spread out the cost of your online purchases with PayPal Pay Later? It’s a convenient option, but not everyone qualifies. Here’s a quick breakdown of the requirements:

The Basics:

• Age: You must be at least 18 years old to use PayPal Pay Later.
• Location: PayPal Pay Later is currently available in the US and select other countries.
• PayPal Account: You need a verified PayPal account in good standing.

Beyond the Basics:

While PayPal doesn’t explicitly list additional eligibility criteria, your creditworthiness plays a significant role. Here’s why:

• WebBank: WebBank, the lending institution behind PayPal Pay Later, assesses your credit history to determine your eligibility and the credit limit you’ll be offered.
• Late Payments: Late payments can negatively affect your credit score, which could impact your chances of being approved or the credit limit you receive.

How to Check Your Eligibility:

The easiest way to know for sure if you qualify is to try to use PayPal Pay Later at checkout. If you’re eligible, you’ll see the option presented to you.

Important Note: While PayPal Pay Later is a convenient way to manage your finances, remember that late payments can harm your credit score. Always make sure you can afford the payments before using this service.

Ready to explore PayPal Pay Later? Head to your PayPal account and start shopping!