PRG "Pay Over Time" Reporting

[jsucool76]

Hmm, My bad. I never knew they reported differently that way. 

[taxi818]

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@elim wrote:

I got the offer from AMEX on PRG (pay over time)

Does it make the TL report diferently? If so...

What are the advantages / disadvantages of how it reports?

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Yes as cc. That's why I got 2. 1charge. 1revolver. So no worrys. 

[TheClub]

This is how my charge card would report on my official Experian CR below. Although it list Credit Card as type... the balances were NOT factored into my utilization according to myFICO reports.

Just wanted to clear this portion of the discussion up a bit.

 *Account Number and Address Identification number have been edited out.

[elim]

 I went ahead and accepted the "pay over time" offer on PRG.

 Quoted from the acceptance letter...

 "As a reminder, we will not place any charge into the Pay Over Time balance if it causes the total to go over your Pay Over Time limit, which is $35,000.00"

 Is this a low starting "total" limit on PRG pay over time?

 I have no clue about this feature. The card is brand new to me.

[Anonymous]

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@elim wrote:

 I went ahead and accepted the "pay over time" offer on PRG.

 Quoted from the acceptance letter...

 "As a reminder, we will not place any charge into the Pay Over Time balance if it causes the total to go over your Pay Over Time limit, which is $35,000.00"

 Is this a low starting "total" limit on PRG pay over time?

 I have no clue about this feature. The card is brand new to me.

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Doesn't seem low to me.

[elim]

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@Anonymous wrote:

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@elim wrote:

 I went ahead and accepted the "pay over time" offer on PRG.

 Quoted from the acceptance letter...

 "As a reminder, we will not place any charge into the Pay Over Time balance if it causes the total to go over your Pay Over Time limit, which is $35,000.00"

 Is this a low starting "total" limit on PRG pay over time?

 I have no clue about this feature. The card is brand new to me.

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Doesn't seem low to me.

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   I'm a rebuilder who just worked his way back up to 5k cards, I was curious what they give someone who actually has descent credit and income.

[shakalaka]

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@elim wrote:

 I went ahead and accepted the "pay over time" offer on PRG.

 Quoted from the acceptance letter...

 "As a reminder, we will not place any charge into the Pay Over Time balance if it causes the total to go over your Pay Over Time limit, which is $35,000.00"

 Is this a low starting "total" limit on PRG pay over time?

 I have no clue about this feature. The card is brand new to me.

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35K is the standard amount. I think everybody get´s that. I never heard of somebody getting more from the start (or even later).

And for me (have it on my Platinum) it is not factored in and it reports as "other" card. Not as credit card.

[elim]

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@shakalaka wrote:

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@elim wrote:

 I went ahead and accepted the "pay over time" offer on PRG.

 Quoted from the acceptance letter...

 "As a reminder, we will not place any charge into the Pay Over Time balance if it causes the total to go over your Pay Over Time limit, which is $35,000.00"

 Is this a low starting "total" limit on PRG pay over time?

 I have no clue about this feature. The card is brand new to me.

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35K is the standard amount. I think everybody get´s that. I never heard of somebody getting more from the start (or even later).

And for me (have it on my Platinum) it is not factored in and it reports as "other" card. Not as credit card.

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  I'm not planning to use the feature so I hope mine will report as such. thank you

[shakalaka]

Well yes, maybe it changes after first use. I never used it so far.

[go_FICO_self]

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@elim wrote:

 I went ahead and accepted the "pay over time" offer on PRG.

 Quoted from the acceptance letter...

 "As a reminder, we will not place any charge into the Pay Over Time balance if it causes the total to go over your Pay Over Time limit, which is $35,000.00"

 Is this a low starting "total" limit on PRG pay over time?

 I have no clue about this feature. The card is brand new to me.

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I hope you got some MR points in return.