Paypal credit reporting

[Anonymous]

---

@Mv350 wrote:
Middle of the month bill date is usually the 27th

---

Well there goes my theory!  lol

Mine's due 22 and cut 28 and hasn't reported yet.

[Jnbmom]

PP credit is reporting.

So far it’s just on dh’s Equifax and Experian and it reported with the original opening date.

Looks like it was added Oct 2.

[SleeplessinMA]

Pulled my Fico report this morning, PP Credit is finally on there.  Opened on  5/2016, 

which is correct.  Reporting my credit limit but it's showing that it's PIF 

[Anonymous]

---

@SleeplessinMA wrote:

Pulled my Fico report this morning, PP Credit is finally on there.  Opened on  5/2016, 

which is correct.  Reporting my credit limit but it's showing that it's PIF 

---

Dunno which I'd prefer.  Them still not having reporting mine (which they still haven't) or to have it reported with a 0 balance like you!  lol

[SleeplessinMA]

@Drusbo wrote: 

Dunno which I'd prefer.  Them still not having reporting mine (which they still haven't) or to have it reported with a 0 balance like you!  lol

I did think like you do, at first, but I'd rather have the account age and credit limit reported after thinking about it.

However,  I paid it off around the end of the month as well just before it reported. 

Glass half full!

[Anonymous]

---

@SleeplessinMA wrote:

@Drusbo wrote: 

Dunno which I'd prefer.  Them still not having reporting mine (which they still haven't) or to have it reported with a 0 balance like you!  lol

I did think like you do, at first, but I'd rather have the account age and credit limit reported after thinking about it.

However,  I paid it off around the end of the month as well just before it reported. 

Glass half full!

---

Ahhh.  So they're probably reporting the balance at the time of report opposed to previous statement then?  Only reason I'm opposed to it reporting is right now I have it sitting at like 65% utilization with a 0% offer and not able to necessarily get it down lower before the end of the month.  Otherwise, other than not being too thrilled about it no longer being hidden, I welcome that it's at least reporting a correct opening date.

[WarthogWrangler]

So basically the only accounts being reported are new accounts and accounts that were opened after Bill Me Later became Pay Pal Credit. I’ve yet to see any accounts that started out as BML accounts report yet.

[Anonymous]

---

@WarthogWrangler wrote:
So basically the only accounts being reported are new accounts and accounts that were opened after Bill Me Later became Pay Pal Credit. I’ve yet to see any accounts that started out as BML accounts report yet.

---

Mine was opened in '17, which is after some and before others that have reported it.  But you are correct, think '15 is the earlier so far reported. 

[SleeplessinMA]

@Drusbo wrote:

Ahhh.  So they're probably reporting the balance at the time of report opposed to previous statement then?  Only reason I'm opposed to it reporting is right now I have it sitting at like 65% utilization with a 0% offer and not able to necessarily get it down lower before the end of the month.  Otherwise, other than not being too thrilled about it no longer being hidden, I welcome that it's at least reporting a correct opening date.

Yes, that is correct.  I had approx 427.00 outstanding when my statement cut on 8/23,

 I paid the rest of the balance afterwards but before 10/2, I was extremely lucky in that regard.  

I can see where your utilization is at, not being thrilled that it's reporting now, however, I think the next

utilization threshold is 48.9, if you can try to get it under that you will be ok.  Now that we know it's

reporting a correct opening date is huge as well.

I'd like to congratulate you on your progress after your BK.  You're doing amazing!  Keep up the GREAT WORK! 

[Anonymous]

Just saw it on my experian. Score dropped by 20 points and im in the middle of closing of on my mortgage. **bleep**!!