Unfortunately, this deal is no longer available
Paypal Credit changing the free 4 months 0% APR offer - now from £99 down from £150
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Paypal Credit changing the free 4 months 0% APR offer - now from £99 down from £150

£99£15034%PayPal Deals
141
Refreshed 17th Mar 2019 (Posted 28th Feb 2019)

This deal is expired. Here are some options that might interest you:

This might help a few. Paypal reducing the amount from £150 to £99 to get the four months interest free.

Interest rate is going up though but I always pay it off in the offer anyway.

2. Our 0% for 4 months offer is improving

We're always looking for ways to improve our services and help you get even more from PayPal Credit – which is why we’ve listened to our customers’ feedback. We are improving our 0% for 4 months offer. It will now apply to purchases and basket totals of £99 or more instead of £150 or more. This is referred to as a Conditional Purchase Offer in your terms.
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Top comments
noxide28/02/2019 09:19

Yes, I believe this does a hard check on your credit file, which is why I …Yes, I believe this does a hard check on your credit file, which is why I have avoided this. A hard check stays on your file for a few years i think!!. Not worth it to me if you're just doing a one or two hundred quid purchase..


Sorry but have to correct this..

First off its one check for the initial application, if you get a yes, like a credit card you get a limit of credit available to you, and you can use that as much as you like and no further checks are completed, you credit file will be updated with your limit status and payment history. so 1 check for one purchase or 20 purchases its still one intial check.

Softcheck, means no other creditors can see that search took place.

Hardcheck, means other creditors can see that search, but It is only on your file for 12 months from the date it took place, and most creditors wont be bothered with one or two checks in a 2-3 months period that would be normal, that is unless your going for a high credit option like a mortgage or a large loan.

Everything else like payment history and payment status (Defaults, CCJ's) remains for 6 years from the date they are placed on the file.

There is nothing wrong with having hardchecks just so long as you dont have loads on a short space and even if you do, give it 6 months and they will become disregarded again, and I should also point out, that very little or no activity on your credit file can also be a negative factor, as creditors want to make money from you, they like to see some activity.

knowledge: I worked for Experian many years ago, and also for Shop Direct Debt Recovery.
Edited by: "MrSprkle" 28th Feb 2019
A bigger carrot to tempt people into debt and we are a nation of debtors! Good for people like OP and myself though, but can’t add heat for the morals of it.
Interest rate is going up to 19.9% apr and minimum payment will be 2% of balance and not 1% but thats better as it means you pay it off quicker. People should never pay the minimum payment.

But four months interest free on every transaction of £99 or more is brilliant as its always been $99 in america.
Would have to question the necessity of the purchase should you need four months to pay off £99...
141 Comments
Interest rate is going up to 19.9% apr and minimum payment will be 2% of balance and not 1% but thats better as it means you pay it off quicker. People should never pay the minimum payment.

But four months interest free on every transaction of £99 or more is brilliant as its always been $99 in america.
A bigger carrot to tempt people into debt and we are a nation of debtors! Good for people like OP and myself though, but can’t add heat for the morals of it.
Will this hit my credit score/history?
muzammil112428/02/2019 09:09

Will this hit my credit score/history?



Yes, I believe this does a hard check on your credit file, which is why I have avoided this. A hard check stays on your file for a few years i think!!. Not worth it to me if you're just doing a one or two hundred quid purchase..
noxide15 m ago

Yes, I believe this does a hard check on your credit file, which is why I …Yes, I believe this does a hard check on your credit file, which is why I have avoided this. A hard check stays on your file for a few years i think!!. Not worth it to me if you're just doing a one or two hundred quid purchase..


Thanks, I was of the opinion that it doesn’t so wanted to check with you guys
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Are Paypal licensed to offer credit in the UK now, or are they still running the brass plate scam out of Luxembourg to get around the FCA rules and regulations??
noxide28/02/2019 09:19

Yes, I believe this does a hard check on your credit file, which is why I …Yes, I believe this does a hard check on your credit file, which is why I have avoided this. A hard check stays on your file for a few years i think!!. Not worth it to me if you're just doing a one or two hundred quid purchase..


Sorry but have to correct this..

First off its one check for the initial application, if you get a yes, like a credit card you get a limit of credit available to you, and you can use that as much as you like and no further checks are completed, you credit file will be updated with your limit status and payment history. so 1 check for one purchase or 20 purchases its still one intial check.

Softcheck, means no other creditors can see that search took place.

Hardcheck, means other creditors can see that search, but It is only on your file for 12 months from the date it took place, and most creditors wont be bothered with one or two checks in a 2-3 months period that would be normal, that is unless your going for a high credit option like a mortgage or a large loan.

Everything else like payment history and payment status (Defaults, CCJ's) remains for 6 years from the date they are placed on the file.

There is nothing wrong with having hardchecks just so long as you dont have loads on a short space and even if you do, give it 6 months and they will become disregarded again, and I should also point out, that very little or no activity on your credit file can also be a negative factor, as creditors want to make money from you, they like to see some activity.

knowledge: I worked for Experian many years ago, and also for Shop Direct Debt Recovery.
Edited by: "MrSprkle" 28th Feb 2019
deleted129396028/02/2019 09:50

Are Paypal licensed to offer credit in the UK now, or are they still …Are Paypal licensed to offer credit in the UK now, or are they still running the brass plate scam out of Luxembourg to get around the FCA rules and regulations??


Still registered in Luxembourg unfortunately.
Would have to question the necessity of the purchase should you need four months to pay off £99...
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deleted1293960
chaywa31 m ago

Still registered in Luxembourg unfortunately.



So you still have no come-back if they screw you over (like they did me).

When are the FCA going to start jailing this bunch of criminals??
MrSprkle3 h, 1 m ago

Sorry but have to correct this..First off its one check for the initial …Sorry but have to correct this..First off its one check for the initial application, if you get a yes, like a credit card you get a limit of credit available to you, and you can use that as much as you like and no further checks are completed, you credit file will be updated with your limit status and payment history. so 1 check for one purchase or 20 purchases its still one intial check.Softcheck, means no other creditors can see that search took place.Hardcheck, means other creditors can see that search, but It is only on your file for 12 months from the date it took place, and most creditors wont be bothered with one or two checks in a 2-3 months period that would be normal, that is unless your going for a high credit option like a mortgage or a large loan. Everything else like payment history and payment status (Defaults, CCJ's) remains for 6 years from the date they are placed on the file. There is nothing wrong with having hardchecks just so long as you dont have loads on a short space and even if you do, give it 6 months and they will become disregarded again, and I should also point out, that very little or no activity on your credit file can also be a negative factor, as creditors want to make money from you, they like to see some activity.knowledge: I worked for Experian many years ago, and also for Shop Direct Debt Recovery.



Cheers, thanks for the Info!
I took out PayPal credit recently but everytime I go to make a payment it asks me to add a bank/direct debit. I add details and It says please reload. Rince and repeat. I can't make a payment... anyone else had this issue?
ArcAndPie28/02/2019 15:01

I took out PayPal credit recently but everytime I go to make a payment it …I took out PayPal credit recently but everytime I go to make a payment it asks me to add a bank/direct debit. I add details and It says please reload. Rince and repeat. I can't make a payment... anyone else had this issue?


Yes, I had the same - adding an account is slow, takes a few days or up to a week. Eventually it does appear (despite already having registered the same account for adding credit to my paypal account).
I only ever use PayPal Credit if I don't have the money in my main account then I pay it off straight away.
Matholwch8 m ago

Yes, I had the same - adding an account is slow, takes a few days or up to …Yes, I had the same - adding an account is slow, takes a few days or up to a week. Eventually it does appear (despite already having registered the same account for adding credit to my paypal account).


But it seems like there's another option that pops up saying send these details or something but before I can click on it, it comes up with the reload thingy
ArcAndPie28/02/2019 15:01

I took out PayPal credit recently but everytime I go to make a payment it …I took out PayPal credit recently but everytime I go to make a payment it asks me to add a bank/direct debit. I add details and It says please reload. Rince and repeat. I can't make a payment... anyone else had this issue?


click on the padlock & delete all cookies/data for paypal
bojangles28/02/2019 15:35

click on the padlock & delete all cookies/data for paypal


Which padlock? Do you mean on chrome or whatever? Because I've tried doing this method on 3 different browsers and on my phone and no luck
1 thing to consider is that you cannot use credit on auction wins. I found out the hard way
Yay! Now people can more easily spend more money they don't have for more things they don't need! HOT!
muzammil112428/02/2019 09:09

Will this hit my credit score/history?


Yup- it will be a hard search on your file. This is classed as a credit card (although you have no physical card)
wingman04014 h, 0 m ago

Would have to question the necessity of the purchase should you need four …Would have to question the necessity of the purchase should you need four months to pay off £99...



Unexpected expense, like a care breakdown or if you are like me and can not afford it if its not spread out, would be nice to never have been without extra funds at the end of the month, don't have that luxury.
Great stuff, use the current 0% quite regularly and they've upped my limits. £99 minimum is nicely welcome.
smallsteve28/02/2019 08:58

A bigger carrot to tempt people into debt and we are a nation of debtors! …A bigger carrot to tempt people into debt and we are a nation of debtors! Good for people like OP and myself though, but can’t add heat for the morals of it.


True, especially as they increased the apr from 17.9 to 19.9%!:/
Edited by: "Lestat69" 28th Feb 2019
ruffedgrouse24 m ago

Yay! Now people can more easily spend more money they don't have for more …Yay! Now people can more easily spend more money they don't have for more things they don't need! HOT!


Ah, the HUKD mantra!
MrSprkle28/02/2019 10:22

Sorry but have to correct this..First off its one check for the initial …Sorry but have to correct this..First off its one check for the initial application, if you get a yes, like a credit card you get a limit of credit available to you, and you can use that as much as you like and no further checks are completed, you credit file will be updated with your limit status and payment history. so 1 check for one purchase or 20 purchases its still one intial check.Softcheck, means no other creditors can see that search took place.Hardcheck, means other creditors can see that search, but It is only on your file for 12 months from the date it took place, and most creditors wont be bothered with one or two checks in a 2-3 months period that would be normal, that is unless your going for a high credit option like a mortgage or a large loan. Everything else like payment history and payment status (Defaults, CCJ's) remains for 6 years from the date they are placed on the file. There is nothing wrong with having hardchecks just so long as you dont have loads on a short space and even if you do, give it 6 months and they will become disregarded again, and I should also point out, that very little or no activity on your credit file can also be a negative factor, as creditors want to make money from you, they like to see some activity.knowledge: I worked for Experian many years ago, and also for Shop Direct Debt Recovery.


U say ccj, defaults disappear after 6 years, but there's some on my file from longer than that. But maybe show up as 2016!? Even tho I've not answered a call or letter. Is it because debt has passed to another debt collector?
Thanks for any help.
wingman04014 h, 12 m ago

Would have to question the necessity of the purchase should you need four …Would have to question the necessity of the purchase should you need four months to pay off £99...


If you can keep the money in your own bank at no extra cost by paying it over 4 months, why wouldn’t you
Debt is good when you are a peasant, 1% of wealthiest, most powerful people are really looking after us.
midlifecrisisT58 m ago

Yup- it will be a hard search on your file. This is classed as a credit …Yup- it will be a hard search on your file. This is classed as a credit card (although you have no physical card)


Thanks
Big_Rik53 m ago

U say ccj, defaults disappear after 6 years, but there's some on my file …U say ccj, defaults disappear after 6 years, but there's some on my file from longer than that. But maybe show up as 2016!? Even tho I've not answered a call or letter. Is it because debt has passed to another debt collector?Thanks for any help.



Request (in writing) that the Credit Reference Agency delete them from your record. There is a statute of limitations (6 years, I believe) on 'old' debt eg I had a student loan of £300 from way back in 1991 and with moving address the Student Loans co couldn't contact me. I believe they sold the debt. That company tracked me down to my present address in the 2010's threatening this, that and other. Looked up Money Saving Expert site for advice and replied to the company citing the statute. Never heard from them again.
ArcAndPie1 h, 38 m ago

Which padlock? Do you mean on chrome or whatever? Because I've tried doing …Which padlock? Do you mean on chrome or whatever? Because I've tried doing this method on 3 different browsers and on my phone and no luck


In Chrome, if you click on the padlock next to HTTPS it should give the option - at least it does on my machine.
ArcAndPie28/02/2019 15:01

I took out PayPal credit recently but everytime I go to make a payment it …I took out PayPal credit recently but everytime I go to make a payment it asks me to add a bank/direct debit. I add details and It says please reload. Rince and repeat. I can't make a payment... anyone else had this issue?


Why don’t you just pay manually instead of using dd? Thats how I do it, they will send u a reminder every month so there is no need for dd
sc0rpion7928/02/2019 18:04

Why don’t you just pay manually instead of using dd? Thats how I do it, t …Why don’t you just pay manually instead of using dd? Thats how I do it, they will send u a reminder every month so there is no need for dd


I click pay and it asks me to add a bank/DD details.
ArcAndPie5 m ago

I click pay and it asks me to add a bank/DD details.


It does but once you redirected to PayPal website (when using app) I have option to setup dd or make a payment, have u not got it?
37157826-dVCin.jpg
Big_Rik2 h, 9 m ago

U say ccj, defaults disappear after 6 years, but there's some on my file …U say ccj, defaults disappear after 6 years, but there's some on my file from longer than that. But maybe show up as 2016!? Even tho I've not answered a call or letter. Is it because debt has passed to another debt collector?Thanks for any help.


Well CCJ & Default are different

Default, is where you havedefaulted on your payments, generally at 6 months or later missed payments a default is registered, the date of the default is when the 6 years begins.. If you pay it off it can be marked as satisfied, it can also be removed if the company that registered the default agrees to do so, but this is a rare thing to happen, generally if its large balance owing you can maybe get them to remove it as a bargaining on clearing that balance.

Now what can happen is a creditor can sell the debt to a debt recovery company who themselves can registers a default BUT! it must be made clear that it is the same default and two separate defaults cannot be registered, this happens a lot and as such can cause the default to remain for up to 12 years!, I've seen it many times, but if you contact the credit reference agency its registered with and dispute it, they can resolve this, It wont remove the original before the 6 year period, but it will remove the duplicate.

CCJ - County court judgement this will remain until its paid off and then regardless of settlement will remain for the full 6 years, I have never seen a genuine one removed. and most CCJ's are required to be settled in a smaller time frame of 12-36 months depending on the balance.


Take what I say with a tiny pinch of salt its been 20 years since i dealt with Credit Reference but I cant imagine a whole lot has changed.

also if you believe something is wrong on your file use Clearscore or Noodle and dispute it.
Edited by: "MrSprkle" 28th Feb 2019
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Big_Rik2 h, 40 m ago

U say ccj, defaults disappear after 6 years, but there's some on my file …U say ccj, defaults disappear after 6 years, but there's some on my file from longer than that. But maybe show up as 2016!? Even tho I've not answered a call or letter. Is it because debt has passed to another debt collector?Thanks for any help.



I thought CCJs were at least 7 years, and for high value debts, longer (6 years after the debt had expired - so 12 years?).

Experian also (illegally) hold information they shouldnt; they blocked repeated loan applications on the basis I was a convicted drug dealer - except it wasnt my name OR my address, but a neighbours, and it wasnt on the "official" report either, but a side note attached to my file (someone working there blabbed).

Even armed with that knowledge, Experian refused to admit the note existed, or remove it from my file, so even though I had a perfect credit score, I couldnt get credit for nearly a decade..
I've been using PayPal credit for a good few years been great for me.. Bought my Samsung s10 plus last week using it. Also someone mentioned a hard credit check hmm I think not, I keep track of my credit score every month and its not effected anything that's a fact not a presumption.
I would be very careful using PayPal. I recently bought a speaker using them. When the speaker did not arrive I contacted PayPal to try and get them to chase the seller up or try and get me a refund. After asking the same question four times now the only response I get is that they will not refund anything and that is their final decision. They will not supply me with a reason and don't really appear to care at all. Is there therefore a point in using their standard service?
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lee7831 m ago

I've been using PayPal credit for a good few years been great for me.. …I've been using PayPal credit for a good few years been great for me.. Bought my Samsung s10 plus last week using it. Also someone mentioned a hard credit check hmm I think not, I keep track of my credit score every month and its not effected anything that's a fact not a presumption.



Hard checks only start affecting your score if several are made in a relatively short period of time, as someone else suggested, 3 per 1 month period is fine, after that.......

As I said - and someone else confirmed, PP operate outside UK law, so if anything goes wrong (and plenty does), you have no chance of getting your money/goods/credit score back.

The FSA (as was), were threatening PP over operating as an unlicensed bank over 10 years ago, WHY they have never been prosecuted for it is a mystery.

We have no choice but to use PP for the international courier service we use, but it is only used with one card that is not attached to our main bank accounts; and if the company involved every offers alternatives, we will drop PP like a diseased donkey.
koskenli28/02/2019 15:40

1 thing to consider is that you cannot use credit on auction wins. I found …1 thing to consider is that you cannot use credit on auction wins. I found out the hard way


I've used PayPal credit on auction purchases numerous times.
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