Will using Paypal pay in 3 negatively affect my credit score even if payments are made on time?

Mkelly21
Contributor
Contributor

Will using Paypal pay in 3 negatively affect my credit score even if payments are made on time?

 

Thanks in advance!

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Heer_S
PayPal Employee
PayPal Employee

Hi @Mkelly21 


Thank you for the post. Pay in 3 is the feature that is added to PayPal customers' account to make a purchase conveniently. It should not be impacting Credit score negatively. I rather feel that it should have a positive impact while the payments are made on time. You can also contact your card issuer or the bank as they monitor the credit score perhaps.

Hope it helps.

Heer

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Solved

Heer_S
PayPal Employee
PayPal Employee

Hi @Mkelly21 


Thank you for the post. Pay in 3 is the feature that is added to PayPal customers' account to make a purchase conveniently. It should not be impacting Credit score negatively. I rather feel that it should have a positive impact while the payments are made on time. You can also contact your card issuer or the bank as they monitor the credit score perhaps.

Hope it helps.

Heer

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