PayPal

Pay 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 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.  

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.  

The decision process is automated. PayPal assess your financial position using a combination of the information you provided in your application and information about your usage and history with PayPal to decide if PayPal Pay in 3 is suitable for you now.  
  
They may also run a “soft” credit check when you apply if PayPal need more information to be able to make a decision. This search will only be visible to you and will not affect your credit score.  
  
If you apply during check out and are declined for PayPal Pay in 3, you can still use PayPal to check out securely with your debit or credit card.  
  
If you want to re-apply, you will be able to do so 35 days after your last application.  

PayPal may run a “soft” search credit check when you apply if they need more information to make a decision. This will leave a mark on your file that can only be viewed by you and not by others. It is important that you are able to keep up your repayments and that you are comfortable that they are affordable.  

You’ll see the link to the terms and conditions when you choose to apply for PayPal Pay in 3 at checkout, and you must read them before you submit your application. You will also have the option to download the terms and conditions.  
 
Once your plan starts PayPal will send you an email containing important information about your PayPal. Pay in 3 plan, including how to locate your terms and conditions. 

Yes, you can. As long as you see the option for PayPal Pay in 3 at checkout, you can choose a new PayPal. Pay in 3 plan. You’ll see all of your PayPal Pay in 3 plans in one place in your PayPal account under PayPal Pay in 3, including plans you completed in the past 12 months.  

As soon as Argos has confirmed with PayPal that your cancellation/return has been accepted, PayPal will cancel any future scheduled payments as well as refund any amounts due.  

Please check the PayPal contact us page for ways to reach them.

When applying for 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 our Pay in 3 Terms & Conditions.  

When making a purchase with PayPal Pay in 3, if you pay with a debit card PayPal will place a preauthorisation hold on your chosen card for an amount equal to the initial payment or one third of your total purchase amount. This will show as a pending authorisation in your PayPal account activity and also in the bank account of the card linked to your PayPal account. Once you complete your purchase with PayPal Pay in 3 and Habitat ships your goods, the pending authorisation will be removed and the initial payment will be withdrawn from your card. If you do not complete your PayPal Pay in 3 transaction, the pending authorisation will be automatically voided by PayPal within 24 hours of the pre-authorisation hold.