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Established Member
memevertical
Posts: 50
Registered: ‎08-08-2010
0

Personal information check

Hi everyone, I quick question here.

I reported my PayPal debit card lost and requested a new one. But to request it they ask my SSN to verify my identity, an they say it's a personal information check and not a credit check, but, would a personal check be reflected on my credit report? Cause I don't even want that on my report.

Thanks.....
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Valued Contributor
HoldingOntoHope
Posts: 1,057
Registered: ‎09-29-2009
0

Re: Personal information check

They are not going to do a credit check that appears on your report for a replacement card. But if I were you I would be happy that they are doing some sort of verification before just sending out a card. I would hate for someone to be able to call in and say "Hey, can you send me a credit card. Mine got lost. Send it to this address please."

 

On a side note you will probably see a duplicate account show on your credit report for at least some period of time. The old account should have a card reported lost / stolen and closed notation. And the new card and number should have the original opening date of your account.

Best financial advice I ever got: "Just imagine what an adult would do and do that."

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Established Member
memevertical
Posts: 50
Registered: ‎08-08-2010
0

Re: Personal information check

So just by reporting it lost, it already posted to my credit report that the account is closed due to the lost/stolen card? I guess in that case makes no difference to ask for the replacement one.....huh?

Community Leader
Valued Contributor
HoldingOntoHope
Posts: 1,057
Registered: ‎09-29-2009
0

Re: Personal information check

As soon as you report it lost / stolen the company is automatically going to close out that account number and reissue a card with a new account number. This is to prevent you and them from fraud exposure. To maintain reporting integrity that will require a new report to the credit bureaus of the new account number. As I said though it SHOULD still maintain the account age and history.

Best financial advice I ever got: "Just imagine what an adult would do and do that."

Starting Score: 500's
Current Score: EQ 701 (FICO) TU 721 (FICO) EX 715 (Quizzle)
Goal Score: 760 ALL


Take the FICO Fitness Challenge

Frequent Contributor
cassembler
Posts: 470
Registered: ‎02-07-2011
0

Re: Personal information check


memevertical wrote:
Hi everyone, I quick question here.

I reported my PayPal debit card lost and requested a new one. But to request it they ask my SSN to verify my identity, an they say it's a personal information check and not a credit check, but, would a personal check be reflected on my credit report? Cause I don't even want that on my report.

Thanks.....

Could be a LexisNexis-type report, which I just found out pople are entitled to a copy once/yr for free :smileyhappy:

"Credit is purely a cash flow tool. Thinking of credit as extra money you didn't have before makes it an EXPENSIVE cash flow tool."
Established Member
memevertical
Posts: 50
Registered: ‎08-08-2010
0

Re: Personal information check

But, remember this is a debit paypal card, I dont think they even report to my credit......thats why Im doubtful about puting my SSN, because its not an account on my credit report, since its just a debit card......


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