: Review the payment schedule and loan agreement before confirming your purchase.

: While PayPal does not charge late fees, missing payments can still result in restricted access to future loans and may eventually impact your credit score if the account becomes significantly delinquent.

: You must be at least 18 years old (or the legal age in your state).

: Open the PayPal app, enter the estimated purchase amount, and apply for Pay Monthly .

: Once redirected to your PayPal account, look for the Pay Later section and choose either Pay in 4 or Pay Monthly .

: No down payment is required at checkout; the first payment is typically due one month after the order is processed. Step-by-Step: How to Use PayPal Pay Later For Online Shopping

AI responses may include mistakes. For financial advice, consult a professional. Learn more Buy Now Pay Later | Pay in 4 | Pay Monthly | PayPal US

PayPal offers a "Buy Now, Pay Later" (BNPL) service that allows you to split online and in-store purchases into smaller installments. This service primarily consists of two options: for smaller, short-term needs and Pay Monthly for larger expenses. Core Payment Options Pay in 4 : Best for purchases between $30 and $1,500. Structure : 4 interest-free payments.