02-08-2010 03:55 PM
Which bureau does Paypal pull for credit decisions?
02-08-2010 05:06 PM
02-09-2010 01:05 PM - edited 02-09-2010 01:05 PM
02-09-2010 02:48 PM
Yes, you have to apply for the credit. Yes you can be declined just like any other credit extension. It is GEMB.
02-09-2010 05:55 PM
02-10-2010 07:21 AM
no no no! your missing what I'm talking about.. It's a link up with your paypal debit card..
FIRST YOU MUST APPLY FOR PAYPAL CREDIT CARD, if you get denied you might get the PAYPAL BUYER CREDIT which can be used to buy anything from ebay, or other merchants, but I found a way so you can link it to your PAYPAL DEBIT card which is a mastercard and than can be used anywhere mastercard is accepted, It's actually really easy to get, I had a credit score of about 620 with tons of baddies, 20 inquires, bk7 and I still got approved..
Once you do all this, any purchase you make will earn you 2% CASHBACK as soon as you pay your bill,It's one of the best rewards I have seen in a while, they have a grace period too..
so you get paypal buyer credit, go to your settings, set it to your backup source first, than anytime you use your Paypal DEBIT card it will take the money from buyer credit which is like a credit card, which you pay monthly, but MAKE SURE you do not have a balance in your paypal account or it will take that first, so as long as it's $0 you will be using your paypal buyer credit.
I got started off with a $900 line, which is one of my highest lines, and I actually didn't use it for a few months until I figured this out, now I've charged a few thousand on it, paid it in full, and earned over $50 in cashback which you earn right away and is credited to your account in one day.
02-10-2010 10:52 PM
03-04-2010 06:03 PM
03-04-2010 06:43 PM
I have a question... If I applied for the paypal mastercard but get approved for the buyers credit, do you automatically get the paypal debit card? I use ebay often so this would be a great thing either mastercard or buyers credit..
yes u will get the card automatically GL
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.