Cant use paypal credit unless i build up good history...

Carlos0109
New Community Member
Hey, recently i signed up for paypal credit and got aprroved for $2750. My entire family uses paypal and i use theirs for sending money and direct deposits from my job. But on my own account hat i recently created about a week ago, i cant use any of my approved credit. The first day i signed up, it let me use $50 and that was the last time it did, it always gives me an error.. Ive called paypal many times and the only thing i got was i have to build a good history with them to actually use my credit... How long does that take and how do i even build good history?
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2 REPLIES 2

DPCreations
Frequent Advisor
Frequent Advisor

You use other people's PayPal accounts for your own use?  I think that would not be advisible if you want to avoid issues with PqyPal and PayPal Credit.  PayPal Credit will evaluate you creditworthiness on an ongoing basis and increase limits when all is well.  In the meantime, just make sure your regular credit score is above 750, maintain all credit card accounts in excellent standing, and no late payments.  PayPal Credit wants to make sure you will will your balance in 6 months and also be able to manage all back interest without default.

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njorny143
Contributor
Contributor

This answer makes NO sense.  If paypal needs to determine our creditworthiness, then why offer us credit lines at all?  It's like putting the cart before the horse.  I also cannot use my paypal credit, and for every call I made to paypal I got a different answer every single time. 

 

THIS SITE IS NOT WONDERFUL.  IN ALL HONESTY, IT IS A MAJOR PAIN IN THE A$$!

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