Simply spend over £99 and you get 0% interest for 4 months on that purchase. You will automatically get 0% for 4 months every time you spend over £99 on your favourite piece of kit!
- 4 Month Interest Free Finance available on all orders over £99
- 16.9% over 6 months instalment plan for purchases of £99 and above
- 16.9% over 12 months instalment plan for purchases of £99 and above
- 16.9% over 18 months instalment plan for purchases of £199 and above
- 16.9% over 24 months instalment plan for purchases of £199 and above
How to Apply?
STEP 1. Select ‘Pay with PayPal’ button on checkout, and complete your order
STEP 2. Choose PayPal Credit from the payment options on PayPal
STEP 3. Select the instalment that suits you the most
If you're new to PayPal Credit, you will be asked to complete a short application form to apply for PayPal credit.
If you get approved and accept, your order will be prepared for dispatch.
Before you apply, please make sure you:
- Are a UK resident aged 18 years or older
- Have a good credit history
- Have not recently been declared bankrupt
- Be employed and have an income greater than £7,500 per year
- Longer Terms
- We also offer further options if you would like to spread the cost over a longer period.
Am I able to pay in full using PayPal?
Yes - full PayPal functionality exists when purchasing on the Toolden website.
How do I apply for PayPal Credit?
Applying for PayPal Credit is easy. Simply complete our short application at the Toolden checkout and, if approved and once you accept the Credit Agreement, you’ll have a credit limit linked to your PayPal account almost straight away.
What if I don’t have a PayPal account?
The first stage of the PayPal Credit application process will ask you to sign into your PayPal account or offer you the opportunity to sign up for one. Once you’ve signed up for a PayPal account, you can begin the application for PayPal Credit. Click here to create an account.
How long does it take to apply for/receive PayPal Credit?
The application form takes minutes to complete. We'll 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.
I have a PayPal business account. How can I sign up for PayPal Credit?
You can contact PayPal Customer Services to change your business account to a personal account to apply for PayPal Credit. Alternatively, you can create a new personal account to apply.
What is PayPal Credit?
PayPal Credit is like a credit card, without the plastic. It’s a credit limit that’s attached to your PayPal account which you can use for your online purchases at Toolden.
How does the 0% for 4 months offer work?
0% interest for 4 months is available on single transactions of £99 or more. It applies automatically to any purchase made using PayPal Credit in excess of this value, except those to which another Promotional Purchase Offer (such as an instalment offer) applies. You can use this offer as many times as you like as long as you have an available credit limit.
Any remaining balance due after the 4-month promotional period or any transactions under £99 will be charged at 21.9% p.a (variable). If you fail to make minimum repayments on time or in certain other circumstances, PayPal may remove your offer. Please see the Credit Agreement for more details.
How do instalment offers with PayPal Credit work?
At Toolden, you can check out with PayPal Credit, we’ll show you a selection of instalment offers, enabling you to spread the cost of your purchase across a number of payments.
Subject to application and status, these instalment offers allow you to choose a set number of monthly payments of differing amounts and at varying interest rates. If you already have PayPal Credit, you can take advantage of these offers without having to reapply as long as you have enough available credit limit.
At Toolden, we offer:
4 Month Interest Free Finance available on all orders over £99
16.9% over 6 months instalment plan for purchases of £99 and above
16.9% over 12 months instalment plan for purchases of £99 and above
16.9% over 18 months instalment plan for purchases of £199 and above
16.9% over 24 months instalment plan for purchases of £199 and above
Purchase rate 21.9%.% p.a. (variable)
Representative 21.9% APR (variable)
Assumed Credit Limit £1,200
How much will my credit line be?
To determine the size of your credit line we use the information you provide in the application form along with internal PayPal data and an external credit check.
*THE MINIMUM PAYMENT DUE STILL APPLIES TO 0% OFFER BALANCES. ANY REMAINING BALANCE DUE AFTER THE 4-MONTH PROMOTIONAL PERIOD OR ANY TRANSACTIONS UNDER £99 WILL BE CHARGED INTEREST AT 21.9%. P.A. (VARIABLE). IN ORDER TO MAINTAIN THE 0% OFFER, YOU NEED TO KEEP UP MONTHLY REPAYMENTS AND STAY WITHIN YOUR CREDIT LIMIT. BEFORE YOU APPLY, PLEASE MAKE SURE YOU ARE A UK RESIDENT AGED 18 YEARS OR OLDER, HAVE A GOOD CREDIT HISTORY, HAVE NOT RECENTLY BEEN DECLARED BANKRUPT, ARE EMPLOYED AND HAVE AN INCOME GREATER THAN £7,500 PER YEAR. CREDIT SUBJECT TO STATUS. TERMS AND CONDITIONS APPLY. UK RESIDENTS ONLY. Duotool LTD ACTS AS A BROKER AND OFFERS CREDIT FROM PAYPAL CREDIT. Duotool LTD IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY. OUR REGISTRATION NUMBER IS SC453454. CREDIT PROVIDED SUBJECT TO AGE AND STATUS. PAYPAL CREDIT IS TRADING NAME OF PAYPAL (EUROPE) S.À R.L. ET CIE, S.C.A. SOCIÉTÉ EN COMMANDITE PAR ACTIONS REGISTERED OFFICE: 22-24 BOULEVARD ROYAL L-2449, LUXEMBOURG.