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Is PayPal bankruptcy friendly?

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user365735
Regular Contributor

Is PayPal bankruptcy friendly?

I see PayPal credit in alot of folks signatures. Are they bankruptcy friendly?

Message 1 of 6
5 REPLIES 5
C_DUBYA
Regular Contributor

Re: Is PayPal bankruptcy friendly?

I had a BK7 discharged 2017 and have two paypal items.  I dont know how soon after BK they are friendly, but they aren't against it entirely.

Starting FICO8 June 2017: EQ: 514 - EX: 491 - TU: 521 Pre-BK7
Current
FICO8 March 2023: EQ: 703 - EX- 680 - TU: 671
Message 2 of 6
FireMedic1
Community Leader
Mega Contributor

Re: Is PayPal bankruptcy friendly?

I believe my PPMC and Credit came 3 yrs after. Didnt try before then. Scores broke 700 then.


Message 3 of 6
GTS
Contributor

Re: Is PayPal bankruptcy friendly?

PPMC will do a SP and tell you if you are approved or not, then HP once you accept. Doesn't hurt to try in the name of science since it wouldn't effect you unless you excepted.

FICO 8/9:



Chase FF WEMC-$25,200 CL
Chase IHG Premier WEMC-$16,700 CL
Amex BCP-$10,000 CL
PayPal cashback WMC-$8,000 Cl
RCU Platnum Visa-$5,000 CL
Cap1 Savor One WEMC-$5,000 CL
Disco It-$8,000 CL
Disco It-$5,200 CL
Cap1 Quicksilver WEMC-$3,400 CL

Citi Corporate MC-$5,000 CL
AU Citi AA Advantage-$30,000 CL
Message 4 of 6
GZG
Valued Contributor

Re: Is PayPal bankruptcy friendly?


@GTS wrote:

PPMC will do a SP and tell you if you are approved or not, then HP once you accept. Doesn't hurt to try in the name of science since it wouldn't effect you unless you excepted.


PPMC is a HP if approved, no option to accept or decline/see limit, if approved after you submit you are getting a HP and the card 

@user365735 

Starting FICO 8:

Current FICO 8:

3/6, 5/12, 14/24

Message 5 of 6
GTS
Contributor

Re: Is PayPal bankruptcy friendly?

 


PPMC is a HP if approved, no option to accept or decline/see limit, if approved after you submit you are getting a HP and the card 

@GZG 

My mistake. That's what I meant to say lol. I just got approved for PPMC about 2 weeks ago.


 

FICO 8/9:



Chase FF WEMC-$25,200 CL
Chase IHG Premier WEMC-$16,700 CL
Amex BCP-$10,000 CL
PayPal cashback WMC-$8,000 Cl
RCU Platnum Visa-$5,000 CL
Cap1 Savor One WEMC-$5,000 CL
Disco It-$8,000 CL
Disco It-$5,200 CL
Cap1 Quicksilver WEMC-$3,400 CL

Citi Corporate MC-$5,000 CL
AU Citi AA Advantage-$30,000 CL
Message 6 of 6
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