Paypal credit has always been a "hidden" tradeline, however, those with Paypal Credit accounts received updated terms last month that while Synchrony has owned the accounts since last year, they will begin servicing them in June (I believe 6/23). It clearly states that they MAY report to the credit bureaus. And they will definitely report late or missing payments (there was quite a change in terms, everything from increased late fees to higher APR's). Apparently, new PPC accounts are being reported already to all 3 CB's (PPC accounts, not the PP credit card which already report and are a separate product). So things could change between now and September and they may start reporting all PPC accounts to the CB's. My concern is if they report it as a revolving account, that would be deceiving since PPC acts as a line of credit, not a revolving account. It will be interesting for sure to see what happens.
