Paypal - Misleading Advertisement should be removed...

switch196a
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Contributor

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Now...  This ad makes it appear as though if I pay off my current "Working Capital Business" loan...  I have a chance for applying for another one and getting approved.  Which I did last time.  And could not apply for another loan after...  For quite some time.  Sadly, after a lot of research...  Im finding that MANY clients get that second loan and end up denied for further loans for a year or so.  There is a really strong correlation. 

 

Wouldnt that make the above ad a touch misleading...  If not self destructive on paypals part? 

 

Why lead customers intentionally into a situation that may lead to them getting denied for future funding for long periods of time?

 

Why not be up front about this being a consequence?  

 

Asking because I find myself trying to plan for some hardware upgrades...  And im nervous about even using this product again.  

 

 

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