topic Re: PayPal credit no longer a hidden tradeline?? in Credit Cards

PayPal credit no longer a hidden tradeline??

slither43 — Wed, 15 May 2019 02:54:01 GMT

I was approved a few days back and sure enough, it's showing up on both EX and EQ on one of my other monitoring pages, including balance($0) and CL. Hasn't updated on MyFico but looks like it's just a matter of time. Is it possible that this is a one time thing and that PayPal doesn't update it after approval, assuming there's no negatives on the acct??

Re: PayPal credit no longer a hidden tradeline??

Anonymous — Wed, 15 May 2019 03:08:58 GMT

@slither43 wrote:
I was approved a few days back and sure enough, it's showing up on both EX and EQ on one of my other monitoring pages, including balance($0) and CL. Hasn't updated on MyFico but looks like it's just a matter of time. Is it possible that this is a one time thing and that PayPal doesn't update it after approval, assuming there's no negatives on the acct??

Interesting. There had been a lot of talk about this changing in June... You applied for PayPal Credit and not a credit card, right?

Re: PayPal credit no longer a hidden tradeline??

slither43 — Wed, 15 May 2019 03:15:01 GMT

@Anonymous wrote:
@slither43 wrote:
I was approved a few days back and sure enough, it's showing up on both EX and EQ on one of my other monitoring pages, including balance($0) and CL. Hasn't updated on MyFico but looks like it's just a matter of time. Is it possible that this is a one time thing and that PayPal doesn't update it after approval, assuming there's no negatives on the acct??
Interesting. There had been a lot of talk about this changing in June... You applied for PayPal Credit and not a credit card, right?

Correct, PP Credit. I had also seen talk of it but hadn't seen anyone up to this point say it showed up on a report. Yay me for being the first one. Ugh. lol

Re: PayPal credit no longer a hidden tradeline??

slither43 — Wed, 15 May 2019 03:19:30 GMT

For the record, it shows up as "SYNCB/PPC"

Re: PayPal credit no longer a hidden tradeline??

Anonymous — Wed, 15 May 2019 03:24:18 GMT

Well that sucks, sorry that you had to be the one to find out.

Hopefully they gave you a decent CL at least so you can still use it without tanking utilization to heck.

Re: PayPal credit no longer a hidden tradeline??

slither43 — Wed, 15 May 2019 03:29:03 GMT

@Anonymous wrote:
Well that sucks, sorry that you had to be the one to find out.

Hopefully they gave you a decent CL at least so you can still use it without tanking utilization to heck.

Right? Just my luck. And it was really there for an emergency if I needed something and didn't want to hurt my utilization. Decent limit of $5k so I guess all is well. Still, I would have passed if I had known. At least others can have a head's up!

Re: PayPal credit no longer a hidden tradeline??

Anonymous — Wed, 15 May 2019 03:36:46 GMT

Well that eliminates any interest I had in this one so I guess you saved me a HP. Thanks for sharing.

Re: PayPal credit no longer a hidden tradeline??

slither43 — Wed, 15 May 2019 03:38:12 GMT

Glad I could help. Well, not really....but you know what I mean. lol I'll update once it hits all 3 bureaus

Re: PayPal credit no longer a hidden tradeline??

Adkins — Wed, 15 May 2019 04:17:15 GMT

That's a decent starting limit, OP. And thanks for the data point. It'll be interesting to see if it starts showing on everyone's reports.

Re: PayPal credit no longer a hidden tradeline??

Anonymous — Wed, 15 May 2019 04:18:02 GMT

@Anonymous wrote:
Well that eliminates any interest I had in this one so I guess you saved me a HP. Thanks for sharing.

Same here!

Re: PayPal credit no longer a hidden tradeline??

ChargedUp — Wed, 15 May 2019 14:00:51 GMT

Mine still doesn't show on any reports as of this week.

Re: PayPal credit no longer a hidden tradeline??

Anonymous — Wed, 15 May 2019 14:16:48 GMT

I always felt like this was a one-time hit, but then they never report anything. Interesting that it is showing up as a tradeline. Given I have a 0 balance and haven't used in forever, I would't mind if it showed up to help AAoA for me.

Re: PayPal credit no longer a hidden tradeline??

slither43 — Wed, 15 May 2019 14:22:00 GMT

That would be good in your case! WIth mine as a new acct that I wasn't expecting to report, not so much. And it's a given it has. Getting the MyFico alerts this morning as it hits my accounts. Ugh. Should be interesting to see if it's all accts or new accts

Re: PayPal credit no longer a hidden tradeline??

AverageJoesCredit — Wed, 15 May 2019 17:36:48 GMT

Something changed on my reports today. Let me go check

Re: PayPal credit no longer a hidden tradeline??

AverageJoesCredit — Wed, 15 May 2019 17:42:05 GMT

Nope, just a new account.

Re: PayPal credit no longer a hidden tradeline??

Anonymous — Wed, 15 May 2019 17:45:19 GMT

@AverageJoesCredit wrote:
Nope, just a new account.

What did you do now?!

Re: PayPal credit no longer a hidden tradeline??

AverageJoesCredit — Wed, 15 May 2019 17:48:26 GMT

Couldnt find anyone on Farmers, got in my dapping mood and proactively cap oned myself

Re: PayPal credit no longer a hidden tradeline??

coldfusion — Wed, 15 May 2019 18:09:11 GMT

I just pulled up my EX and EQ reports. Tradeline is still hidden.

Re: PayPal credit no longer a hidden tradeline??

slither43 — Wed, 15 May 2019 18:17:24 GMT

Hopefully it stays that way for you!

Re: PayPal credit no longer a hidden tradeline??

Dave4fun — Wed, 15 May 2019 19:09:25 GMT

I was thinking about this...Perhaps since the OP's account is new then Synchrony will go ahead and report to the bureaus. The rest of us will not see it reporting until they do their massive update coming soon after the web portal is closed. ???