If i had to choose id go for paypal credit being thats its hidden, and can use it almost anywhere with 6 month 0% financing over $99
Just me though
Just me though
Hey Songburd18, Comenity's Paypal Credit does not report to the 3 credit bureaus, unless you default on the account for some reason, thus its hidden and does not affect your aaol or utilization. Similar to what Blispay started off as, they now only report to Experian.
Its pretty neat, ive used mine sparingly and have gotten 2 1k increases in the last 6 months
Its pretty neat, ive used mine sparingly and have gotten 2 1k increases in the last 6 months
@CountryLivin wrote:
@Anonymous wrote:So, I finally got a preapproval offer in my email today from a card I have actually been interested in in the past, though not as much as others, Overstock from Comenity. $0 annual fee, up to 24 months' financing, but the APR is rather high at 27.74%. Worth exiting the garden to try for it or not? The offer expires June 2nd. In point of fact, having gotten this offer, I wonder if it's worth trying for Paypal Credit (also offered by Comenity) via eBay. What do you think?
They will ask for your social security number, but it will be a soft pull. If it's a preapproval, you can go for it now...it will be a soft pull. Overstock was my first store card and it has grown very fast! When I got mine, it was from an email that said I was preapproved...I entered my social and was using my accouunt within a few minutes. It will be a soft pull, so you can apply for the paypal credit and it will only be a hard pull for Paypal credit.
If it's a soft pull, that does help - and yes, it's a preapproval. Here's a screenshot of the key portion of the email (my real name and the preapproval offer number removed):
I have until June 2nd to reply to the offer, so I've got some time to think about it. I wish the 10% discount applied to books and movies (which amount for most of my online purchases), though.
Regarding Paypal Credit, I notice that the option is "greyed out" (unavailable, can't be selected) whenever I go into my eBay checkout page. The note says Paypal Credit may be unavailable if (1) the seller doesn't accept it; (2) the currency of the seller's country isn't one that Paypal handles; or (3) you have a Paypal SmartConnect or Paypal Mastercard already linked to your account. None of those apply in any of the instances I've tested, so I'm not sure exactly what's going on...maybe Paypal Credit is "greyed out" because I don't have a Paypal Credit account? I used to have a Bill Me Later (Paypal Credit's predecessor) account which was included in my bankruptcy in 2014, but like Paypal Credit, Bill Me Later was a "hidden" tradeline which never appeared in my credit reports pre- or post-BK; also, Comenity now handles Paypal Credit, so I wonder whether they even have access to the old Bill Me Later records.
Songburd18 wrote :
oh wow cool! so if I apply for the paypal credit I wont get a hp since they dont report to anyone. cool. i think i may apply. im supposed to be gardening but i guess since it doesnt report i should be ok.
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Yeah Paypal credit by CCB doesn't report to any CRA but they will still HP you if you cold app most likely EQ. If you don't mind the hp then go ahead as it will be a hidden and ghost trade line from here on out unless of course you default as AJC stated. Good luck!
oh wow cool! so if I apply for the paypal credit I wont get a hp since they dont report to anyone. cool. i think i may apply. im supposed to be gardening but i guess since it doesnt report i should be ok.
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Yeah Paypal credit by CCB doesn't report to any CRA but they will still HP you if you cold app most likely EQ. If you don't mind the hp then go ahead as it will be a hidden and ghost trade line from here on out unless of course you default as AJC stated. Good luck!
@AverageJoesCredit wrote:
If i had to choose id go for paypal credit being thats its hidden, and can use it almost anywhere with 6 month 0% financing over $99
See my previous post...any thoughts on why Paypal Credit is greyed out for me in the eBay checkout if none of the usual reasons apply to me? If the reason is simply that I don't have an account with them, I guess I'll have to apply separately.
Sorry Songburd, yes you will get a hp to apply for Paypal credit but if its worth it go for it
Joe, yeah in order to utilize Paypal credit i believe you must have Paypal.
Joe, yeah in order to utilize Paypal credit i believe you must have Paypal.