Hi. I'm slowly rebuilding my FICO score after a major life event decimated it. I'm currently in the low 600s and am very gun shy about hard hits so don't apply for products I'm unlikely to qualify for. I would like to have the flexiblity associated with PayPal credit and I like that the initial amount is so low...seems somewhat tailored to someone trying to rebuild credit (although I realize they don't report in the same way as cards do to the bureaus). I guess my questions boil down to: 1) is the application a hard hit on your report? 2) is there a minimum FICO score or other threshhold(s) below which there's little chance of approval for credit? Thanks for your interest.
... View more
