I just got a letter in my email from PayPal Credit and Synchrony. It sounds like they may start reporting after June. This is super dissapointing.
This is part of what it said:
"Unless otherwise specified, the changes listed below will be effective on your account as of June 23, 2019 and are reflected in the Account Agreement found here.
Credit Bureau Reporting: Synchrony Bank may report information about your account to credit bureaus. Please refer to the “Credit Bureau Reporting” section for more information.
Bill Me Later: Bill Me Later, Inc. will no longer be a party to your agreement. All references to “Bill Me Later, Inc.”, “us and/or Bill Me Later, Inc.”, “we and/or Bill Me Later, Inc.” will be replaced with “we”, “us”, or “our”. Consistent with your account terms, “we”, “us”, and “our” will continue to refer to your lender, which is Synchrony Bank.
Contact Information Changes: The contact information (phone number and mailing address) referenced in the following sections is being updated:
Resolving a Dispute with Arbitration; and,
Your Billing Rights Summary..
I hope this is only in reguards to missed payments or defaults...anyone know?
We now have confirmation that at least new accounts are being reported.
Well, here's to hoping it at least backdates. The AAoA boost would be a nice offset to the loss of the hidden TL.
Congrats on the 10 pts.
So PayPal credit showed up on my Experian today. Have no balance on it so 10 point boost for me. Only 1500 line
Anyone else ?
Heard it was staring to report on June 2019
New Paypal Credit Account, or Older account?,
Yes, it’s a new PayPal credit account I applied last week I got the inquiry right away today I got a new update on myFICO and it showed as the account open with 1500 limit
Thank you for your reply!
so far my Very Old Bill Me Later / Payapl is not showing.
Im one of those "old account" still hidden as today! Cross my fingers for June. Im using 90% of my TL for now. LOL