topic Re: PayPal Credit Approval ($2,750)! in Credit Card Approvals

PayPal Credit Approval ($2,750)!

Khalifa_Jayy — Wed, 21 Dec 2016 22:06:11 GMT

OK, I'm done for real now. 2016 has been amazing! (The top line of my macro signature lists all of 2016's approvals, which began in late November. Hover your mouse over the images to see CL details.)

I wanted to take advantage of the 6 month financing they offer for purchases over $99, as I was in the market for some Tiffany glasses for the wife. I really like that interest-deferred financing is available from both PayPal (which I can use for eBay and a host of other sites) and Amazon (since I shop on there a ton). The fact that they are not "introductory" rates and offers, but rather ongoing features of the CLs is extremely appealing.

Anyone else rocking some PP Credit?

Also, I believe that PayPal doesn't actually report to bureaus, which could be a good thing for anyone needing to carry a short term balance. I could be wrong, though.

CreditXpert Scores: EX [672] | EQ [681] | TU [677] | American Express FICO 8: EX [698]

Re: PayPal Credit Approval ($2,750)!

Anonymous — Wed, 21 Dec 2016 21:59:05 GMT

Awesome!! Congrats on your approval. Who did they pull from for paypal?

Re: PayPal Credit Approval ($2,750)!

Anonymous — Wed, 21 Dec 2016 22:03:11 GMT

My PayPal has always reported. It started as PayPal credit and then they recently upgraded me to the MC. But it has always reported.

Re: PayPal Credit Approval ($2,750)!

Khalifa_Jayy — Wed, 21 Dec 2016 22:14:03 GMT

@Anonymous wrote:
My PayPal has always reported. It started as PayPal credit and then they recently upgraded me to the MC. But it has always reported.

Thing is, that's probably the PayPal MasterCard. My wife has had PayPal Credit for two or three years, and it's never shown on her report(s). I also found this after a quick Google search, which corroborates my statement.

https://www.paypal-community.com/t5/About-Products/PayPal-Credit-and-Credit-Bureau-s/td-p/942754

CreditXpert Scores: EX [672] | EQ [681] | TU [677] | American Express FICO 8: EX [698]

Re: PayPal Credit Approval ($2,750)!

Anonymous — Wed, 21 Dec 2016 23:11:08 GMT

I believe there are two different kinds of Paypal Credit, one is issued by Synchrony (Smart Connect & Mastercard) and the other is issued by Comenity Capital Bank. I'm not certain but I believe it is only the Comenity Paypal Credit that does not report to credit bureaus. I have the Comenity Paypal Credit which so far has not reported.

Re: PayPal Credit Approval ($2,750)!

Khalifa_Jayy — Wed, 21 Dec 2016 23:17:10 GMT

@Anonymous wrote:
I believe there are two different kinds of Paypal Credit, one is issued by Synchrony (Smart Connect & Mastercard) and the other is issued by Comenity Capital Bank. I'm not certain but I believe it is only the Comenity Paypal Credit that does not report to credit bureaus. I have the Comenity Paypal Credit which so far has not reported.

Correct. The standard PayPal Credit is what "BillMeLater" became, which is offered through Comenity. It, in fact, does not report to the bureaus. A hidden line, imo, is a neat thing to have for utilization purposes. Obviously, it isn't going to help you build your AAoA, overall limits, etc., but being able to carry a balance without it counting against you is pretty major.

Re: PayPal Credit Approval ($2,750)!

steelers1 — Thu, 22 Dec 2016 00:22:15 GMT

@Khalifa_Jayy wrote:
OK, I'm done for real now. 2016 has been amazing! (The top line of my macro signature lists all of 2016's approvals, which began in late November. Hover your mouse over the images to see CL details.)

I wanted to take advantage of the 6 month financing they offer for purchases over $99, as I was in the market for some Tiffany glasses for the wife. I really like that interest-deferred financing is available from both PayPal (which I can use for eBay and a host of other sites) and Amazon (since I shop on there a ton). The fact that they are not "introductory" rates and offers, but rather ongoing features of the CLs is extremely appealing.

Anyone else rocking some PP Credit?

Also, I believe that PayPal doesn't actually report to bureaus, which could be a good thing for anyone needing to carry a short term balance. I could be wrong, though.

CreditXpert Scores: EX [672] | EQ [681] | TU [677] | American Express FICO 8: EX [698]

CONGRATULATIONS!!!

YES SIR

I just landed that hidden gem a few days ago and got approved for $3,750.00. Its the Comenity version.

I tried 2X to get Blispay and was denied for my BK.

I love the fact that its a hidden trade line and anything over $99 is 6 months 0%.

Re: PayPal Credit Approval ($2,750)!

AverageJoesCredit — Thu, 22 Dec 2016 00:37:29 GMT

Grats those are some good credit limits. They started me off a baby 500. Im at 1590 after an auto increase. Gets the job done though

Re: PayPal Credit Approval ($2,750)!

Blackswizz750 — Thu, 22 Dec 2016 00:38:17 GMT

I will look at this tradeline next year. In the garden now.

Re: PayPal Credit Approval ($2,750)!

Anonymous — Thu, 22 Dec 2016 13:34:40 GMT

@Anonymous wrote:
I believe there are two different kinds of Paypal Credit, one is issued by Synchrony (Smart Connect & Mastercard) and the other is issued by Comenity Capital Bank. I'm not certain but I believe it is only the Comenity Paypal Credit that does not report to credit bureaus. I have the Comenity Paypal Credit which so far has not reported.

+1. Exactly right. I also have the Comenity Paypal Credit and it is a hidden tradeline which I love. Congratulations to you!

Re: PayPal Credit Approval ($2,750)!

Anonymous — Thu, 22 Dec 2016 18:56:45 GMT

Congrats!! I just got approved for this too, $3,550! I love the financing option and the hidden trade!

Re: PayPal Credit Approval ($2,750)!

FocusedAndDetermined — Thu, 22 Dec 2016 19:16:59 GMT

Congrats on the approval!

Re: PayPal Credit Approval ($2,750)!

Khalifa_Jayy — Sun, 25 Dec 2016 03:33:39 GMT

Thank you all for the congratulatory posts. I'm well pleased with having this secret / hidden trade line. Looking forward to growing it along with my other cards over the next two years or so.

Re: PayPal Credit Approval ($2,750)!

integlspwr — Sun, 25 Dec 2016 04:45:44 GMT

thinking of applying for this.

Here is my credit scores with the following agencies..

Your Equifax Credit Score? 702
Your Experian Credit Score? 703
Your TransUnion Credit Score? 693

Anyone know how much I would get approved for?

It would be cool if i got over $2000.

Any help is greatly appricated!

Re: PayPal Credit Approval ($2,750)!

Khalifa_Jayy — Sun, 25 Dec 2016 05:35:19 GMT

I'm not sure, but I do believe it is "cart driven" so to speak. So load up a cart on a PayPal Credit eligible website and apply.

AFAIK, this applies to their credit line increases as well. That is, the only way to get a CLI is to load your cart above your limit and try to check out and they will "evaluate your ability to have a higher CL."

Re: PayPal Credit Approval ($2,750)!

jonfive — Sun, 25 Dec 2016 12:24:02 GMT

@Khalifa_Jayy wrote:
I'm not sure, but I do believe it is "cart driven" so to speak. So load up a cart on a PayPal Credit eligible website and apply.

AFAIK, this applies to their credit line increases as well. That is, the only way to get a CLI is to load your cart above your limit and try to check out and they will "evaluate your ability to have a higher CL."

Correct!

Started mine at 1k originally. Carted a Tv for 1300 and they did indeed do a CLI. Nice having the 0% for 6mo too

The non-card Paypal Credit doesn't report. Great to use for the 0% offers. Can max it during the 6 month offer for a big purchase without showing util, pretty darn awesome i think.

Wonder what would happen if it were to go delinquent. Would it start reporting? To who?

Re: PayPal Credit Approval ($2,750)!

AverageJoesCredit — Sun, 25 Dec 2016 13:59:07 GMT

If you go deliquent pretty sure it will get reported.

@integ, your scores look nice i think they would give you a nice sl but only way to know for sure is apply.

Even though you can try to go over your limit to get higher limit you will still have to pay that amount so it all depends on your needs. I got about 1600 limit but i wouldnt want to try and put a 3000 tv or something just to get an increase as it would just put me in 3k more debt, hidden or not.

Very good option to have though

Re: PayPal Credit Approval ($2,750)!

jonfive — Sun, 25 Dec 2016 14:00:33 GMT

@AverageJoesCredit wrote:
If you go deliquent pretty sure it will get reported.

@integ, your scores look nice i think they would give you a nice sl but only way to know for sure is apply.

Even though you can try to go over your limit to get higher limit you will still have to pay that amount so it all depends on your needs. I got about 1600 limit but i wouldnt want to try and put a 3000 tv or something just to get an increase as it would just put me in 3k more debt, hidden or not.

Very good option to have though

Agreed, no sense searching for a high limit that's not reported

Re: PayPal Credit Approval ($2,750)!

Anonymous — Sun, 08 Jan 2017 14:47:31 GMT

Congratulations1 Enjoy your new PPC. I have the $2750 line. have had it for about a year now. I would love to get upgraded to the MC version, but if not that is ok. It does not report, so that is even better.