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Frequent Contributor
AvaMommy
Posts: 297
Registered: ‎08-08-2012
0

Re: Paypal Bill Me Later

BTW are they GE?

Starting Score: FAKO: TU 602 EQ 550 EX 565 - 08|2012
Current Score: MyFICO: TU 633 EQ 637 EX 669 (AMEX PULL)09|2012
Goal Score: 700 across the board In my wallet: NFCU cashRewards 12000CL, NFCU LOC 10K CL, BofA cashRewards 5000CL, BofA PP 3000CL, JAREDS (AU) 1500CL, SEARS (AU) 7000CL
Under my mattress: Orchard Bank 320CL and Saks Fifth Avenue 100CL. Finally in the Garden. App Free Since 9/18/12 - No apps until March 2013
Valued Contributor
maiden_girl
Posts: 2,108
Registered: ‎12-29-2011
0

Re: Paypal Bill Me Later


AvaMommy wrote:

BTW are they GE?


Yes. The PayPal Mastercard is backed by GECRB

 

The truth is out there...
FICO scores: 764 (EQ) 732 (EX) 757 (TU) 9/14 | Goal score: 750+ (all 3)
Tradelines: Capital One QS NPSL (5.0k) | Discover IT (6.0k) | Walmart Mastercard (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)






Frequent Contributor
TheConductor
Posts: 492
Registered: ‎07-24-2012
0

Re: Paypal Bill Me Later

I got this offer as well. I can possibly see it being a good thing when I get around to trekking over to the suburb that has a bank with one of those ultra-high-yield interest checking accounts.  Then I'd be effectively getting ~3% APR on the purchase price for 6 months by deferring payment.

 

Assuming one can still bill the ultimate final payment to a rewards credit card, that represents a nice bonus added to the rewards you'd get for paying right away.

 

The catch here is needing to have the discipline to pay them on time when the time comes, and to let the money gather that interest in your checking account meanwhile.

 

Not an ideal scheme for the absent-minded or the shop-a-holic.

Starting: EQ 622 (myFICO 7/7/12), EX 696 (TU FAKO 8/14/12), TU 621 (CK TransRisk 7/24/12)
Current: EQ 670 (myFICO 9/8/14), EX 694 (Prosper 7/17/14) , TU 693 (WalMart 9/2/14) Goal: 700+ x3
My Wallet: Amex BCP $30k, Chase CSP VS $12.2k, Amex Zync NPSL (> 10k), C1 Venture VS $5k, Amex SPG $4.5k, Walmart (Store) $2.5k, Barclaycard Apple V $2k, Chase Freedom V $1100, BoA Cash Rewards V $500, Best Buy Rewards MC $500
My Loans: Prosper $25k/36mo
My Business: Chase Ink VS $5k
Frequent Contributor
obageegee
Posts: 270
Registered: ‎09-30-2012
0

Re: Paypal Bill Me Later

It's not GE, it's Web Bank http://www.webbank.com/



Starting Score: 530 - 2/12
Current Score: EX - 720 EQ - 714 TU-690 WM-720
App free since 5/7/2014
Established Contributor
snowkitty
Posts: 985
Registered: ‎09-10-2012
0

Re: Paypal Bill Me Later

It's web bank and is definitely a hp. I've had mine for two months now and love it. I feel more secure when ordering online and I've noticed that when I order via them, it gets shipped super quick. I also like it being a hidden trade and if I decide to run a balance for a few months I don't have to worry about utilization.
TU Fico 714 | Sesame 742 | Credit Karma 762 | Wal-Mart FICO 734 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

Amex Blue Sky 7.2k | Amex BCE 13.1k | Citi Diamond Preferred 10.2k | CSP 5k | Bofa Cash 9k | Boa Travel 10k | Discover More 3k | Chase SW 5k | Wal-Mart 3.3k | Amazon 5k | Old Navy Visa 5k | Shell 1200 | BP 400 | VS 1500 | Sam's Discover 8.5k | FNBO Amex 16k | Chase Freedom 1.3k | Home Depot 5k | Brylane Homes 1600 | BML 2820

App free since 12/11/13*
Frequent Contributor
AvaMommy
Posts: 297
Registered: ‎08-08-2012
0

Re: Paypal Bill Me Later


obageegee wrote:

It's not GE, it's Web Bank http://www.webbank.com/


+1

Starting Score: FAKO: TU 602 EQ 550 EX 565 - 08|2012
Current Score: MyFICO: TU 633 EQ 637 EX 669 (AMEX PULL)09|2012
Goal Score: 700 across the board In my wallet: NFCU cashRewards 12000CL, NFCU LOC 10K CL, BofA cashRewards 5000CL, BofA PP 3000CL, JAREDS (AU) 1500CL, SEARS (AU) 7000CL
Under my mattress: Orchard Bank 320CL and Saks Fifth Avenue 100CL. Finally in the Garden. App Free Since 9/18/12 - No apps until March 2013
Frequent Contributor
AvaMommy
Posts: 297
Registered: ‎08-08-2012
0

Re: Paypal Bill Me Later


snowkitty wrote:
It's web bank and is definitely a hp. I've had mine for two months now and love it. I feel more secure when ordering online and I've noticed that when I order via them, it gets shipped super quick. I also like it being a hidden trade and if I decide to run a balance for a few months I don't have to worry about utilization.

Awesome thanks for the info

Starting Score: FAKO: TU 602 EQ 550 EX 565 - 08|2012
Current Score: MyFICO: TU 633 EQ 637 EX 669 (AMEX PULL)09|2012
Goal Score: 700 across the board In my wallet: NFCU cashRewards 12000CL, NFCU LOC 10K CL, BofA cashRewards 5000CL, BofA PP 3000CL, JAREDS (AU) 1500CL, SEARS (AU) 7000CL
Under my mattress: Orchard Bank 320CL and Saks Fifth Avenue 100CL. Finally in the Garden. App Free Since 9/18/12 - No apps until March 2013
New Contributor
creditdreamera
Posts: 65
Registered: ‎09-22-2012
0

Re: Paypal Bill Me Later

I have a BML account and I love it! They started me with an odd $1627 credit line, so I just say it's $1600. The fact that it doesn't show up on our CR makes sense because they don't give CLI and if you ask for one, all they say is that you have to "try" to purchase something that is more expensive that what your credit line is.

EX -682
EQ -658
TU -663
Frequent Contributor
AvaMommy
Posts: 297
Registered: ‎08-08-2012
0

Re: Paypal Bill Me Later


creditdreamera wrote:

I have a BML account and I love it! They started me with an odd $1627 credit line, so I just say it's $1600. The fact that it doesn't show up on our CR makes sense because they don't give CLI and if you ask for one, all they say is that you have to "try" to purchase something that is more expensive that what your credit line is.


Did you just get your BML? Where your scores below? Also, did you have any baddies?

 

Thank you

 

Starting Score: FAKO: TU 602 EQ 550 EX 565 - 08|2012
Current Score: MyFICO: TU 633 EQ 637 EX 669 (AMEX PULL)09|2012
Goal Score: 700 across the board In my wallet: NFCU cashRewards 12000CL, NFCU LOC 10K CL, BofA cashRewards 5000CL, BofA PP 3000CL, JAREDS (AU) 1500CL, SEARS (AU) 7000CL
Under my mattress: Orchard Bank 320CL and Saks Fifth Avenue 100CL. Finally in the Garden. App Free Since 9/18/12 - No apps until March 2013
New Contributor
creditdreamera
Posts: 65
Registered: ‎09-22-2012
0

Re: Paypal Bill Me Later

I've had my BML a bit more than a year. At the time my scores were in the low 600s; they haven't had a big increase this year since I have a lot of INQs that will start to die off in May 2013. The only baddie I have on my CR is a medical collection $116 that my mom said she'd take care of and never did, and it was the first time i was being "an adult", so the bill was in My name. Paid it off in 2007, so I'm waiting for it die off in about 1 1/2 years.

EX -682
EQ -658
TU -663

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