Paypal Doesn't Report to Credit Bureaus?
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I've been reading through several posts from Paypal Credit users who are having the same issue I am having - would love someone from PayPal Credit to shed some light on this. I've been with Paypal Credit for over a year and haven't seen it on my credit report ever. But I see very few people post that they do have Paypal Credit on their credit reports. Is there a certain amount of line of credit that you need to have for Paypal Credit to report to the credit bureaus?
Trying to build credit on my end - and my credit score would be definitely beautiful if Paypal Credit would report. Just curious to know if there are requirements, etc.
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I've been wondering the same thing...I've had PayPal Credit for almost a year and trying to improve credit. I recently got a Capital One card and it's already showing as a new account on my credit report, and it's for LESS than the amount approved from PayPal. I keep PayPal in good standing and I'd like to see it reflected on my report. I hope PayPal responds soon. 🙂
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PayPal is not likely to respond and PayPal is not likely to disclose details of credit reporting. PayPal keeps a lot of security and credit practices private as a way to protect their own business and their members.
If you want to improve your credit score, makes sure you are NEVER late for a payment for regular bills or any credit card accounts; make sure you never use more than about 25% of of your total avaialble credit. Building assets is also beneficial to your credit score.
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