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Paypal Credit Changes

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Bees18
Frequent Contributor

Paypal Credit Changes

Just wounded if anything has changed with the sync take over? Which credit bureau do they usually pull now, transunion? And are they still a hidden trade line for accounts opened after the switch? Is anything at all different? 

 

Are you still not able to request CLI ?

 

Thanks!

Message 1 of 3
2 REPLIES 2
babbles
Established Contributor

Re: Paypal Credit Changes

Hi, 

I just got a automatic increase but definitely didn't request it.  I'm not sure which CB they pulled but it's definitely a soft hit thank goodness!

Message 2 of 3
Anonymous
Not applicable

Re: Paypal Credit Changes


@Bees18 wrote:

Just wounded if anything has changed with the sync take over? Which credit bureau do they usually pull now, transunion? And are they still a hidden trade line for accounts opened after the switch? Is anything at all different? 

 

Are you still not able to request CLI ?

 

Thanks!


Not really, The only thing that changed was Effective July 2nd 2018,  you no longer be able to have 6 months of no payment and no interest for 6 monthis. It changed to  6 months Minimum payments and deferred interest. Meaning during the 6 months you must pay off all the balances during the 6 months promo or will be charged with all interest at the time of purchase. Good news The paypal Credit still a hidden Trade line as of 9/7/2018 after 3rd statement cut with new creditor. At the same time noticed a auto credit limit increase by Sync. 

Message 3 of 3
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