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Bill Me Later now has LOCs

Super Contributor

Bill Me Later now has LOCs

I recently made a purchase using Bill Me Later and not only did that not do an INQ on my credit report, I got a line of credit to use through any company that uses Pay pal.  I have been a customer of theirs for a few years now so I don;t know if they do that for new accounts.  No reporting to the CRAs and 0% for 6 months on any purchase over $100.  I love BML.

10/17/2017 FICO: EQ 829 TU 830 EX 826
103 REPLIES
New Contributor

Re: Bill Me Later now has LOCs

Yep, I love Bill Me Later :3 and they usually check EQ or TU and not Ex.

TU08:: 754 (4/14) EQ: 745 (6/14) 753 (1/13) Ex: 766 (12/11)
Goal: 800! Then Keep it there and keep growing!~
Card(s): HSBC Premier WMC: 5,000 (7/09), Chase Freedom 6,000 (11/11) BCE 3,200 (12/11) Chase Saph: 5,000 (5/12)
Frequent Contributor

Re: Bill Me Later now has LOCs

I LOVE Bill Me Later too.. It's nice having an account that I can use to make significant purchases with, rack up a little debt, pay it off in a timely manner and NONE of it is Fico's business, lol..

Valued Contributor

Re: Bill Me Later now has LOCs

This is one thing I've always been curious about, so based on what I've just read here in this thread, Bill Me Later will not HP your report/s (not that it matters all my reports are froze) and if you use BML it does not show up on your reports as a new TL?

 

If this is the case, it sounds like an excellent (secret from your credit reports) way to purchase something and pay over time without my credit reports ever knowing about it (of course unless you default)

 

I have a PayPal Smart Connect Card 2150CL, is BML totally seperate from that?

 

In the meantime I'm going to do some searches here on the Forum, now that you all have me thinking about this.


Starting Score: 583
Current Score: 3-03-12-EQ-802 TU-806 EX-798 (EQ Beacon 9: 804 Lender Pull 3-08-12) All FICO's
Goal Score: 800+ across all three

Take the FICO Fitness Challenge


Super Contributor

Re: Bill Me Later now has LOCs


Mustanglvr2006 wrote:

This is one thing I've always been curious about, so based on what I've just read here in this thread, Bill Me Later will not HP your report/s (not that it matters all my reports are froze) and if you use BML it does not show up on your reports as a new TL?

 

If this is the case, it sounds like an excellent (secret from your credit reports) way to purchase something and pay over time without my credit reports ever knowing about it (of course unless you default)

 

I have a PayPal Smart Connect Card 2150CL, is BML totally seperate from that?

 

In the meantime I'm going to do some searches here on the Forum, now that you all have me thinking about this.


Great questions Mustang. After reading OP's message, I too now am curious about BML.

 

No HP to open an account?

 

Does it only appear on your credit reports if you default?

 


 




Valued Contributor

Re: Bill Me Later now has LOCs


CS800 wrote:

Mustanglvr2006 wrote:

This is one thing I've always been curious about, so based on what I've just read here in this thread, Bill Me Later will not HP your report/s (not that it matters all my reports are froze) and if you use BML it does not show up on your reports as a new TL?

 

If this is the case, it sounds like an excellent (secret from your credit reports) way to purchase something and pay over time without my credit reports ever knowing about it (of course unless you default)

 

I have a PayPal Smart Connect Card 2150CL, is BML totally seperate from that?

 

In the meantime I'm going to do some searches here on the Forum, now that you all have me thinking about this.


Great questions Mustang. After reading OP's message, I too now am curious about BML.

 

No HP to open an account?

 

Does it only appear on your credit reports if you default?

 


 


These are the answers I'm looking for too CS.

 

Hopefully someone will chime in.

 

(BTW CS, did you get any snow yet?)


Starting Score: 583
Current Score: 3-03-12-EQ-802 TU-806 EX-798 (EQ Beacon 9: 804 Lender Pull 3-08-12) All FICO's
Goal Score: 800+ across all three

Take the FICO Fitness Challenge


Super Contributor

Re: Bill Me Later now has LOCs


Mustanglvr2006 wrote:

CS800 wrote:

Mustanglvr2006 wrote:

This is one thing I've always been curious about, so based on what I've just read here in this thread, Bill Me Later will not HP your report/s (not that it matters all my reports are froze) and if you use BML it does not show up on your reports as a new TL?

 

If this is the case, it sounds like an excellent (secret from your credit reports) way to purchase something and pay over time without my credit reports ever knowing about it (of course unless you default)

 

I have a PayPal Smart Connect Card 2150CL, is BML totally seperate from that?

 

In the meantime I'm going to do some searches here on the Forum, now that you all have me thinking about this.


Great questions Mustang. After reading OP's message, I too now am curious about BML.

 

No HP to open an account?

 

Does it only appear on your credit reports if you default?

 


 


These are the answers I'm looking for too CS.

 

Hopefully someone will chime in.

 

(BTW CS, did you get any snow yet?)


No snow yet. Frankly wouldnt bother me if it didnt snow at all. But I fear that once we get snow, we are going to get hammered. It's Massachusetts, it can rain, snow, sleet, hail and have sun in the same day.

 

I was reading some other BML posts, it seems that they do an initial HP to open  the account but they do not report to the credit bureaus. Also read that their APR can be outrageous.




Established Contributor

Re: Bill Me Later now has LOCs


CS800 wrote:

Mustanglvr2006 wrote:

This is one thing I've always been curious about, so based on what I've just read here in this thread, Bill Me Later will not HP your report/s (not that it matters all my reports are froze) and if you use BML it does not show up on your reports as a new TL?

 

If this is the case, it sounds like an excellent (secret from your credit reports) way to purchase something and pay over time without my credit reports ever knowing about it (of course unless you default)

 

I have a PayPal Smart Connect Card 2150CL, is BML totally seperate from that?

 

In the meantime I'm going to do some searches here on the Forum, now that you all have me thinking about this.


Great questions Mustang. After reading OP's message, I too now am curious about BML.

 

No HP to open an account?

 

Does it only appear on your credit reports if you default?

 


 


They do a Hard Pull when you open your account and were doing soft pulls for increases above your purchasing power.


Starting Score: 722
Current Score: Now 687 what the hockey sticks...from a 784 (Aug 12 EX 751 EQ Fico)
Goal Score: 800

If your outGo is more than your INcome than your UpKeep will become your downFALL.

Take the FICO Fitness Challenge


Valued Contributor

Re: Bill Me Later now has LOCs


CS800 wrote:

Mustanglvr2006 wrote:

CS800 wrote:

Mustanglvr2006 wrote:

This is one thing I've always been curious about, so based on what I've just read here in this thread, Bill Me Later will not HP your report/s (not that it matters all my reports are froze) and if you use BML it does not show up on your reports as a new TL?

 

If this is the case, it sounds like an excellent (secret from your credit reports) way to purchase something and pay over time without my credit reports ever knowing about it (of course unless you default)

 

I have a PayPal Smart Connect Card 2150CL, is BML totally seperate from that?

 

In the meantime I'm going to do some searches here on the Forum, now that you all have me thinking about this.


Great questions Mustang. After reading OP's message, I too now am curious about BML.

 

No HP to open an account?

 

Does it only appear on your credit reports if you default?

 


 


These are the answers I'm looking for too CS.

 

Hopefully someone will chime in.

 

(BTW CS, did you get any snow yet?)


No snow yet. Frankly wouldnt bother me if it didnt snow at all. But I fear that once we get snow, we are going to get hammered. It's Massachusetts, it can rain, snow, sleet, hail and have sun in the same day.

 

I was reading some other BML posts, it seems that they do an initial HP to open  the account but they do not report to the credit bureaus. Also read that their APR can be outrageous.


I feel ya there, I do not want to see any snow this year!!!!!

 

So they do HP at first. Well, that's not going to happen, I thought it sounded to good to be true.

 

Thanks for the info CS and JusdoNit.


Starting Score: 583
Current Score: 3-03-12-EQ-802 TU-806 EX-798 (EQ Beacon 9: 804 Lender Pull 3-08-12) All FICO's
Goal Score: 800+ across all three

Take the FICO Fitness Challenge


Established Contributor

Re: Bill Me Later now has LOCs

I opened a "Bill Me Later" account this summer, there wasn't - and has never been an HP.

About $215,000 total credit among 11 cards