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PayPal Credit Pre-approval

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NP27
Established Contributor

PayPal Credit Pre-approval

I received a PayPal credit pre-approval for 2K the other day in the mail.  I didn't know this is Comenity backed.  Anyway.  Is this a hidden tradeline?  I thought I remeber seeing that somewhere before.

 

Thanks

Message 1 of 9
8 REPLIES 8
toi34
Established Contributor

Re: PayPal Credit Pre-approval

Congrats! ...but PayPal credit is Synchrony/GE not Comenity, ...and NO it is not hidden, only Bill Me Later is.

Message 2 of 9
Anonymous
Not applicable

Re: PayPal Credit Pre-approval


@toi34 wrote:

Congrats! ...but PayPal credit is Synchrony/GE not Comenity, ...and NO it is not hidden, only Bill Me Later is.


Umm, PayPal Credit is hidden.  Bill Me Later no longer exists and was renamed PayPal credit.

Message 3 of 9
msbia
Established Contributor

Re: PayPal Credit Pre-approval

^ Yes, and PayPal Credit is backed by Comenity. PayPal Smart Connect is Synchrony. 

Personal Credit? Check. Business Credit? Check.
Mission Accomplished.
Thanks MyFico!
Message 4 of 9
toi34
Established Contributor

Re: PayPal Credit Pre-approval

Oops...my bad..thanks fpr the clarification. Smiley Surprised

Message 5 of 9
Anonymous
Not applicable

Re: PayPal Credit Pre-approval


@NP27 wrote:

I received a PayPal credit pre-approval for 2K the other day in the mail.  I didn't know this is Comenity backed.  Anyway.  Is this a hidden tradeline?  I thought I remeber seeing that somewhere before.

 

Thanks


To get the right info. can you post a pic of what you received?  The reason I asked is that Paypal credit by Comenity that is hidden does not send pre-approvals via mail while the one for Synchrony does.  And those with Synchrony reports to the credit bureau.

 

If you look closely on the mailer that came through the mail, it will tell you what company is issuing the card if approved.

Message 6 of 9
NP27
Established Contributor

Re: PayPal Credit Pre-approval


@Anonymous wrote:

@NP27 wrote:

I received a PayPal credit pre-approval for 2K the other day in the mail.  I didn't know this is Comenity backed.  Anyway.  Is this a hidden tradeline?  I thought I remeber seeing that somewhere before.

 

Thanks


To get the right info. can you post a pic of what you received?  The reason I asked is that Paypal credit by Comenity that is hidden does not send pre-approvals via mail while the one for Synchrony does.  And those with Synchrony reports to the credit bureau.

 

If you look closely on the mailer that came through the mail, it will tell you what company is issuing the card if approved.


Apparently they do now.IMG_2343-2.JPG

Message 7 of 9
Anonymous
Not applicable

Re: PayPal Credit Pre-approval


@NP27 wrote:

@Anonymous wrote:

@NP27 wrote:

I received a PayPal credit pre-approval for 2K the other day in the mail.  I didn't know this is Comenity backed.  Anyway.  Is this a hidden tradeline?  I thought I remeber seeing that somewhere before.

 

Thanks


To get the right info. can you post a pic of what you received?  The reason I asked is that Paypal credit by Comenity that is hidden does not send pre-approvals via mail while the one for Synchrony does.  And those with Synchrony reports to the credit bureau.

 

If you look closely on the mailer that came through the mail, it will tell you what company is issuing the card if approved.


Apparently they do now.IMG_2343-2.JPG


Yes they do and they have been doing it for awhile as that's exactly how I got mine.  Did you sign up for it?  The hidden trade line is great and LOTS of places accept PayPal Credit as payment.

Message 8 of 9
Anonymous
Not applicable

Re: PayPal Credit Pre-approval


@NP27 wrote:

@Anonymous wrote:

@NP27 wrote:

I received a PayPal credit pre-approval for 2K the other day in the mail.  I didn't know this is Comenity backed.  Anyway.  Is this a hidden tradeline?  I thought I remeber seeing that somewhere before.

 

Thanks


To get the right info. can you post a pic of what you received?  The reason I asked is that Paypal credit by Comenity that is hidden does not send pre-approvals via mail while the one for Synchrony does.  And those with Synchrony reports to the credit bureau.

 

If you look closely on the mailer that came through the mail, it will tell you what company is issuing the card if approved.


Apparently they do now.IMG_2343-2.JPG


Thanks for posting the pic. and good info. to have.

Message 9 of 9
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