Toolstop allows you to choose how you pay for your tools and accessories. Our checkout has been laid out to make the process as easy as possible.
You can pay with a credit or debit card or checkout using PayPal.
We also offer PayPal Credit. Simply spend over £99 and you get 0% interest for 4 months on that purchase. The great thing is you’ll automatically get 0% for 4 months every time you spend over £99. So, if you’re needing a new tool for a particular job or looking for a new kit, PayPal Credit is the perfect way to spread the cost.
It’s quick and easy to apply for PayPal Credit – all you need to do is complete a short application form at the checkout page and we’ll give you a decision instantly. If approved and you accept, your new tools will dispatched for the next working day delivery.**
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
We also offer further options if you would like to spread the cost over a longer period.
|ASSUMED CREDIT LIMIT||£1,200|
|REPRESENTATIVE APR (VARIABLE)||19.9%|
|PURCHASE RATE (VARIABLE)||19.9%|
This example above illustrates the typical cost of using PayPal Credit as a standard funding method. If you take advantage of our offers and promotions, including our 0% for 4 months offer, the interest rate that applies will be lower in many circumstances.
INSTALMENT OFFERS (6 OR 12 MONTHS)
• 0% over 6 months for purchases of £500 and above
• 0% over 12 months for purchases of £1000 and above
INSTALMENT OFFERS (18 OR 24 MONTHS)
• 16.9% over 18 months instalment plan for purchases of £1000 and above
• 16.9% over 24 months instalment plan for purchases of £1000 and above
Am I able to pay in full using PayPal?
Yes - full PayPal functionality exists when purchasing on the Toolstop website.
How do I apply for PayPal Credit?
Applying for PayPal Credit is easy. Simply complete our short application at the Toolstop 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 Toolstop.
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 19.9% 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 Toolstop, 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 Toolstop, we offer:
0% over 6 months for purchases of £500 and above
0% over 12 months for purchases of £1000 and above
16.9% over 18 months instalment plan for purchases of £1000 and above
16.9% over 24 months instalment plan for purchases of £1000 and above
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.