Plan. Buy. Pay in 3.

PayPal Pay in 3 is an interest-free loan that lets you split your basket into 3 payments, with the first due at time of purchase and subsequent payments due every month on the same date. It’s a great way to spread the cost of larger items or to cover emergencies, and is a helpful tool to manage your budget more effectively. Pay in 3 is an unregulated credit agreement, so you will have fewer protections under this agreement than you would under a regulated credit agreement. Carefully consider whether the purchase is affordable and how you will make the repayments. Be aware of the possible impact of using Pay in 3 and of missing payments, including making other borrowing more difficult or more expensive.

PayPal Pay in 3 is not a payment option in certain circumstances, such as where PayPal's checks suggest an increased risk of fraud or where data held suggests you may not be eligible. The checks run are with an external credit reference agency. This search will only be visible to you and will not affect your credit score.

If you choose PayPal Pay in 3 as your payment method when you check out with PayPal, you’ll be taken through the application process. You’ll get a decision instantly, but not everyone is approved based on the checks carried out.

When applying for a PayPal Pay in 3, PayPal may conduct a “soft” credit check if they need more information to make a decision. “Soft” credit checks are not visible to others, so have no impact on your credit file. However, they do share some data on your repayment history with Transunion. Although it does not impact your credit score, this data will be visible to other companies and may impact your ability to obtain credit from other lenders and the cost of accessing it. More information is available in the Pay in 3 Terms & Conditions.

Your plan will last 2 months in total. The first payment will be due at the time of purchase, followed by 2 further payments due each month after that.

To apply for PayPal Pay in 3, you'll need to provide your:

• Title
• Phone number
• Address
• Date of birth
• Payment details

The decision making process is automated. They assess your financial position using a combination of the information you provided within your application, and information about your usage and history with PayPal to decide whether PayPal Pay in 3 is suitable for you at this time. They may also run a “soft” credit check with an external credit reference agency when you apply if they need more information to make their decision. This search will only be visible to you and will not affect your credit score.

There are no fees for choosing to pay with PayPal Pay in 3.

Find your answers you’re looking for in the Pay in 3 FAQ. For full product terms, check the T&C’s page

Applying for PayPal Credit is easy. Simply complete a short application form with PayPal and if approved and once you accept the Credit Agreement, you’ll have a credit limit linked to your PayPal account almost straight away to use on your new bed.

The application form takes minutes to complete. PayPal will then run a credit check and if approved, you’ll have a credit limit linked to your PayPal account as soon as you accept your credit agreement.

Find your answers you’re looking for in the PayPal Credit FAQ.