Reply
Established Member
Posts: 11
Registered: ‎03-02-2013
0

GECRB Paypal Account Closed for late payment days

I had a Paypal account that was closed in April 2008 because I forgot to pay it for 90 days, but when they called I paid it. They closed the account anyways. I wanted to apply for a Walmart CC, but I see that they also use GECRB. Should I apply for the walmart card or will they just deny me for past delinquencies?


Starting Scores: EQ 621 EX 613 TU 603
05/04/2013: EQ 701 EX 663 TU 720 lender pull
Goal Score: 750 Across the board
In My Wallet Wells Fargo Platinum Visa $3000 Macy's $800 Victoria's Secret $730 Express $500

Take the myFICO Fitness Challenge
Valued Contributor
Posts: 8,357
Registered: ‎10-21-2012
0

Re: GECRB Paypal Account Closed for late payment days


rbusch34 wrote:

I had a Paypal account that was closed in April 2008 because I forgot to pay it for 90 days, but when they called I paid it. They closed the account anyways. I wanted to apply for a Walmart CC, but I see that they also use GECRB. Should I apply for the walmart card or will they just deny me for past delinquencies?


More than likely it may not result in an approval but your results may vary.  The old account may still be "fresh" on their database considering the 2008 delinquency timeframe.  On the upside, you paid it off.  However, the only way to find out for sure is by applying to determine whether a cross-reference will trigger the PayPal record.

 

Some folks have had success over time with GECRB from their last known CO or delinquency when re-establishing a relationship with that specific store or any of their other related entities.

Established Member
Posts: 11
Registered: ‎03-02-2013
0

Re: GECRB Paypal Account Closed for late payment days

Thank you for the helpful insight!! :smileyhappy:


Starting Scores: EQ 621 EX 613 TU 603
05/04/2013: EQ 701 EX 663 TU 720 lender pull
Goal Score: 750 Across the board
In My Wallet Wells Fargo Platinum Visa $3000 Macy's $800 Victoria's Secret $730 Express $500

Take the myFICO Fitness Challenge
Valued Contributor
Posts: 1,863
Registered: ‎09-20-2011
0

Re: GECRB Paypal Account Closed for late payment days

I think you'll be approved assuming no other recent deragotory items on your credit report.  Over four years and you paid?  I think your fine.  GE gives second chances, they pretty much have to to stay in business. 

Valued Contributor
Posts: 1,063
Registered: ‎05-26-2010
0

Re: GECRB Paypal Account Closed for late payment days

I discharged a GECRB Men's Wearhouse card in BK 11/2009.  Applied for and received instant approval on Walmart Discover (you just apply for Walmart, the "system" decides whether to give you the store card or Discover).  They pulled only TU which I had few INQs on at the time.  Received my first softpull CLI last month.  So I would try the Walmart card.  I haven't tried the Mens Wearhouse card since I BKed it.

BK7 Filed 8/11/2009 Discharged 11/23/2009. Purchased new home 4/11/2012
Starting Score:11/16/2009 EQ 566 11/16/2009 TU 538
Interim Score: 12/27/2012 EQ 683 09/17/2012 EX (lender) 670 1/01/2013 TU 701
Current Score: 11/06/2013 EQ 708 11/06/2013 EX 702 11/16/2013 702 11/06/2013 TU 729
Goal Score: EQ 740 EX 740 TU 740
Take the FICO Fitness Challenge
Epic Contributor
Posts: 24,700
Registered: ‎10-23-2007
0

Re: GECRB Paypal Account Closed for late payment days

GE 2008 is different then the GE of today... You should have no issues getting a Walmart Card if the account in 2008 is paid off... you could probably get a PayPal card again too.

Fico Scores: EQ- 670., TU 705 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
88 Cards and Counting :smileytongue:
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: GECRB Paypal Account Closed for late payment days

I agree with the others here try for the walmart card, if you get approved then try for the paypal account.



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Senior Contributor
Posts: 3,914
Registered: ‎10-02-2012
0

Re: GECRB Paypal Account Closed for late payment days

ive heard of people going BK on GE accts and still approved for their other cards like JCP and wal mart, so the same might happen with you since they dont blacklist :smileyhappy:

Established Member
Posts: 11
Registered: ‎03-02-2013
0

Re: GECRB Paypal Account Closed for late payment days

Yay finally  gave in and applied for the walmart card and was approved :-) thanks for all of the help with this guys !!!!


Starting Scores: EQ 621 EX 613 TU 603
05/04/2013: EQ 701 EX 663 TU 720 lender pull
Goal Score: 750 Across the board
In My Wallet Wells Fargo Platinum Visa $3000 Macy's $800 Victoria's Secret $730 Express $500

Take the myFICO Fitness Challenge
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: GECRB Paypal Account Closed for late payment days


rbusch34 wrote:

Yay finally  gave in and applied for the walmart card and was approved :-) thanks for all of the help with this guys !!!!


CONGRATS!!! :smileyhappy:

 

-Did you get the Discover?

-What CL did you get?




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
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.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.