I got approved for PayPal Credit!!

MikeyMagic · ‎12-27-2023

Hey everyone,

So I use PayPal a lot, including Pay in 4 and up until today my pre-qualification limit for the Pay in 4 has been around $400. Again I am new to building my credit since mid September.

Anyways I checked today and my pre-qualification amount for Pay in 4 with PayPal is now $1500 which is the max!! That must mean I am doing well with my credit cards and using PayPal responsibly right?

So then since I use PayPal a lot and the Pay in 4 went to $1500, I saw this PayPal credit offer to apply on my PayPal account. I looked into it and it seemed good for me but I was also nervous because I didn't want a denial.

I decided to go for it and got approved for a $1200 limit!! I mean I know maybe it's not a huge amount but I'm happy I got approved and I know I'll be using it responsibly.

Baby steps for me, I just feel happy because a hard credit pull was done on TransUnion and PayPal thought enough of my credit profile to approve me. Not only approve me but not give me some paltry $250 or $500 limit. $1200 for me right now seems like so much lol.

Anyone else have experience with PayPal Pay in 4 or PayPal Credit? Should I have done it?

Thx to all!!

TalkingCredit91 · ‎12-27-2023

Congrats!

Building a healthy credit profile is definitely a long game, but I remember that first limit over $1k myself and it's an amazing feeling.

Keep using it responsibly, PIF whenever possible, and that line will grow and open up new doors for you.

Stay disciplined!

MikeyMagic · ‎12-28-2023

@TalkingCredit91 wrote:
Congrats!

Building a healthy credit profile is definitely a long game, but I remember that first limit over $1k myself and it's an amazing feeling.

Keep using it responsibly, PIF whenever possible, and that line will grow and open up new doors for you.

Stay disciplined!

Appreciate that a lot. I wonder if my approval has more to do with me using PayPal all the time rather than my credit score lol but I'll take it.

stonedog23 · ‎12-28-2023

@MikeyMagic wrote:
@TalkingCredit91 wrote:
Congrats!

Building a healthy credit profile is definitely a long game, but I remember that first limit over $1k myself and it's an amazing feeling.

Keep using it responsibly, PIF whenever possible, and that line will grow and open up new doors for you.

Stay disciplined!
Appreciate that a lot. I wonder if my approval has more to do with me using PayPal all the time rather than my credit score lol but I'll take it.

Rest assure, they liked what they saw when they pulled your file.

NFCU GoRewards Sig ($40,000), NFCU Cash Rewards ($40,000), PenFed Power Cash ($25,000), FNBO Evergreen Visa ($20,000), Bread Financial Rewards Amex ($21,150), PNC Cash Rewards ($18,400), PNC Cashbuilder ($18,700) , One Key Mastercard ($14,000), Citi Double Cash ($11,600), US Bank Cash Plus($10,000), Discover It Cash ($9000), Capital One Quicksilver MC ($9000), Bank of America Unlimited Cash Rewards ($7500), Fifth Third Unlimited Cash Back Mastercard ($7500), Wells Fargo Active Cash Sig($7000), Apple Card ($6000), Amex BCE($6000), Amex ED($6600), X1 Card ($5000), PNC Points ($8000), Amex Cash Magnet($2000), Fifth Third Truly Simple ($4000), Truist Spectrum Cash Rewards($4500), Truist Bright Card($4500), CapOne Quicksilver(Bucketed @$1500 manually lowered to $500), US Bank Cash+ ($1,000), WF mortgage 195K Fico 8: EQ 778, TU 765, EX 758 FICO 9:EQ 829, TU 812, EX 791, AAoA-97 months, AoOA-28 years

MikeyMagic · ‎12-28-2023

@stonedog23 wrote:
@MikeyMagic wrote:
@TalkingCredit91 wrote:
Congrats!

Building a healthy credit profile is definitely a long game, but I remember that first limit over $1k myself and it's an amazing feeling.

Keep using it responsibly, PIF whenever possible, and that line will grow and open up new doors for you.

Stay disciplined!
Appreciate that a lot. I wonder if my approval has more to do with me using PayPal all the time rather than my credit score lol but I'll take it.

Rest assure, they liked what they saw when they pulled your file.

Thx man I appreciate that a lot!!

cashorcharge · ‎12-28-2023

WooHoo!! Congratulations on your Approval!!👏🏼🍾🥂

CreditAggie · ‎12-28-2023

Congratulations on your PayPal Credit approval!

Current Cards (in order of approval):

Current FICO 8 | 9 (March 2025):

Credit Age:

Inquiries (6/12/24):

Banks & CUs:

BigBS · ‎12-29-2023

Congrats on the approval!

Score: EQ(809) EX(819) TU(800)
INQs: EQ(7) EX(16) TU(8)
Last INQ: 13 Jul 23

Total Credit Limit - $2.0M

collics · ‎12-29-2023

Congratulations!!

Even tho I am not a fan of Sync, PPC is one of my fav and most used accounts for the no-interest option.

I love the Pay in 4 option too!

BK 7 FREE!
Newest to Oldest:

FICO8s Dec 2019

FICO8s Oct 31 2023

KingRue8500 · ‎12-29-2023

Congrats on your PayPal Credit approval