I have a big purchase coming up that I can use paypal credit for and, and therefore spread it over 6 months without any interest.

That makes it a little more bearable for me and would prefer to do it that way if I can.

I have never not paid my full credit card balance every month and I have no worries about my ability to pay off the puchase within 6 months, however, I want to make sure that won't tank my credit score, like carrying a balance on a credit card would?

Does anyone have any experience here?

Looking to add another line of credit to my protfolio, wondering if anyone has any experience/info with Paypal Credit? On the starter page I didn't even see anything about them reporting to the bureaus so I wanted to ask around

Edit: sorry for the title typo lmao

I was looking up a phone on Ebay and when I found some listing I saw Paypal financing option. I never had any credit history as I moved to USA couple month ago. I got approved for 750$ immediately. In a month it appeared in credit history and I got first credit score of around 580. It has no physical card, no cash back. Only feature is if you pay off your $99+ purchase in 6 month you don’t get charged for interest. After 3 month I requested CLI and got approved for 2500$. Also Credit score went up to 680.

So I think this is an option if you are starting out from 0 and don’t want to put secured deposit on credit card.

It looks like it's credit but wanted to make sure.

I don't have a credit history and it looks like a cheap and easy way to build credit history. The interest is only 10 bucks.

I'm new to the whole thing of credit and in the future I'm looking to get a business loan but wanted to improve my score.

I was going to start off with getting a gaming pc and pay it off in installments with PayPal credit to improve my score. But would it improve it?

I'm looking into getting my first credit card to build credit history, and PayPal's credit seems like the best option, though I'm hearing mixed reports that it will have no impact on my credit score?

They got me with the promotional 'pay with PayPal credit and pay 0 interest' thing when I was just going to pay with normal PayPal. Though sure, why not sounds good. That first promotional purchase went fine, paid it off, no problems.

Then I try to use the credit account again and it gets declined even though balance is 0. Try it again and again, over more than a year. Everywhere declined, even eBay and Amazon.

I call customer support and they tell me they can't identify the problem and don't know how to fix it. I ask to have the account closed and have it removed from my credit history, since it's not fair to report an account I can't actually use ever.

The rep tells me he will submit a dispute and it should be fine, it should be removed from my credit report no problem. That doesn't happen. I get a letter saying the account will stay in my credit history because it was reported correctly.

I call again and speak to a manager. They tell me there is nothing they can do except submit the same dispute again, but the results would be the same. I ask if there is anything else they can do for me, they say no.

Basically, PayPal processes the transactions but the actual credit account is Synchrony. So anytime there is a problem, they both point the finger at the other and can't help you at all.

My advice is avoid PayPal credit like the plague. I have another Synchrony account with Sweetwater that has been flawless, but PayPal credit has been worse than useless. Just a drain on my time, energy, and now 3 points off my credit score, for no benefit.

I could have left it open, but number of active accounts matters too, and I want to actually be able to use my credit if I need to. I'd advise anyone considering PayPal credit to look anywhere else. I've had a great experience with the Discover it card.

Targeted offer I haven't seen anywhere else yet I don't think. Very SYW-esque. Even though the card itself earns no points/cashback, if I stay around $75, it's well over 10% back in statement credits. Seems pretty fair and attainable, especially around Black Friday/Cyber Monday.

I've started using PayPal's "pay in 3" service a lot, and I was just wondering, does it improve your credit score? I mean, it must technically be a loan, yes?

Hey. So, I've been trying to find a buy-now-pay-later service for some gifts I want to get someone. I've got like a mid-fair credit score. My only history was one of those pay over time things I signed up for on amazon, which I did well on right up until I lost my card and was forced to cancel, and wasn't able to get it replaced until after I'd missed a payment. I immediately paid off the rest of the outstanding balance, which at that point was a month or so. Outside of that I have literally nothing.

My credit report doesn't show anything all that bad, but every pay-over-time service from affirm to eBay's little thing keep denying me. I just saw Paypal's Credit option and tried to apply for it. Was instantly rejected after putting everything in and hitting the application. I realized I didn't factor in the money I was getting for uni, and tried again. Application was denied again. Did this one more time just to be sure.

Anyways I just realized that these were hard credit checks and now I'm worried I may have fucked myself. Its been about an hour and I haven't gotten any notice yet of a credit check yet, but I'm not sure how long it takes for Experian to get these things. How bad is this going to be?

I'm a student and I have no idea about how credit scores work. I want to pay for a camera in monthly installments and heard that Paypal credit has "No Payments + No Interest if paid in full in 6 months on purchases of $99 or more." I applied and was not approved. I want to be approved for PayPal credit. I think this has something to do with my credit score but I'm not sure. Any help would be appreciated.

I just made a big purchase on eBay and would prefer to pay for it monthly since it is $934.75 that I cannot afford right now (I’m in a situation where I needed a new computer). So the terms of the credit line from PayPal were very misleading and confusing. “There is 0% APR but, this is subject to change to 26.24% when the promotion is over”. They do not state a specific promotion, some other websites said that if you purchase something over $99 and pay it off within the first 6 months in full, the APR jump does not apply to your account. Any input from someone experienced with PayPal credit would be extremely appreciated.

Hello! I recently got approved for PayPal Credit, but I’m not sure how it all works. I know I don’t get a physical card, so how would I use it on purchases? Also. What would the minimum payment be if I put a $1,500 purchase on it when my credit line is $5,400? I heard it can vary. Thank you.

I've tried to search around and I've found mixed reviews. I've used the Paypal pay in 4 a few times, never missed a payment (often paid them early cause I have autism and I despise owing money to anyone, I just get paid bi-weekly and it's easier to break up large bills into manageable pay periods). I hate the concept of credit but I know it's important so I was looking into a solid "first card" but couldn't find an answer I was happy with. I'm not trying to min-max rewards or cash back, or build off nothing. Just a card people can agree on that is good for newbies. I'm no longer a student, a recent grad who is looking for a better job but I know I should be using a credit card for the protection.

I'm pre-approved with Paypal though I would rather know my options before I commit. The only debt I have is my insurance, phone, and student loan bills (Around $250 a month), my grocery bill is about $100 a month, and my income varies from $1000 to $1200 a month (currently searching for a job, but I gotta do what I can).

I prefer being debit only, but that bit my dad in the ass a few years ago so I've got to learn from his mistakes. I'm the type of person who prefers paying upfront, so I already know I won't spend what I don't have. So is Paypal a good starter or should I look for something else as my first credit card.

And if it's worth anything, I am also within the Apple ecosystem so whatever apple has got going on is applicable. I mostly just want something that is sensible and to the point. No hidden fees, no crazy hikes. I don't need a crazy credit limit.

Quick QTNA, I just used PayPal Credit for the first time for a Buy now Pay later thing. So I opened a credit line, purchased what I wanted and it was just that. Unlike Zip, Klarna or Shop Pay where the first month installment is owed upfront, I didn’t have the option with PayPal Credit. Basically my question is “When will I be able to pay off the balance and is there supposed to be a upfront payment made?” I’m kinda going crazy cuz I can’t find the answer anywhere especially when there isnt an option to start making payments

i got paypal credit originally for concert tickets (bc priorities obviously) and figured it’d be good to have for emergencies too. well. surprise. i’m in an emergency. and guess what? i can’t even use the damn credit card?? like where are you even supposed to use it?? i don’t have a physical card, there’s no card number anywhere in my account, and i can’t manually enter the info on sites that don’t use paypal checkout.

i have $3.5k of credit just sitting there, and for what?? how tf are you supposed to use this outside of random stores that take paypal?? why give me a line of credit if i can’t use it when i actually need it? like… what is the point??? it’s just sitting there, useless, while i’m sitting here broke and in crisis. someone please tell me if i’m missing something or if this thing is just actually that useless.