- 1 Guaranteed Credit Card Approval
- 2 Credit line increase Chase Ink Business Credit Card
- 3 Unsecured Personal Loans & Lines of Credit
- 4 Commitment to Solving Credit Score Problems Is the First Step to Good Credit
- 4.1 Answering the Question of How Can One Raise His Credit Score within a Time Frame of Six Months
- 4.2 How to apply for a Stafford loan
- 4.3 Stafford student loans contact number
- 4.4 Top 10 credit cards for first time applicants
- 4.5 How to get your first credit card at 18
- 4.6 How to get personal loans with bad credit
- 4.7 How to get personal loans for people with bad credit
- 4.8 Can I keep my car if I file chapter 7 bankruptcy
- 4.9 Uncontested divorce with children
- 4.10 How much would an uncontested divorce cost?
- 4.11 What property can I keep after a chapter 7 bankruptcy?
- 5 creditline credit card
- 188.8.131.52 How do I start using PayPal Credit?
- 184.108.40.206 How do I select PayPal Credit as my payment source?
- 220.127.116.11 Can I use PayPal Credit when shopping on eBay?
- 18.104.22.168 How does the "No Payments + No Interest if paid in full in 6 Months" offer work?
- 22.214.171.124 How do I pay my PayPal Credit bill?
- 126.96.36.199 Is there an annual fee to use PayPal Credit?
- 188.8.131.52 Do I have a Credit Line and how much will it be?
- 184.108.40.206 How do I increase my credit line with PayPal Credit?
- 220.127.116.11 What is the Annual Percentage Rate (APR)?
- 18.104.22.168 What does вЂSubject to Credit ApprovalвЂ™ mean?
- 22.214.171.124 Do you check my credit report every time I make a purchase?
- 126.96.36.199 Is there a fee for late payments?
- 188.8.131.52 Does PayPal Credit protect me from liability for unauthorized charges?
- 184.108.40.206 Where else can I use PayPal Credit?
- 220.127.116.11 Why should I link my PayPal Credit and PayPal accounts?
- 18.104.22.168 I have a separate PayPal Credit (formerly Bill Me Later) account. How do I add it to my PayPal account?
- 22.214.171.124 IвЂ™ve linked my PayPal Credit and PayPal accounts. Do I still need to register?
- 126.96.36.199 What if I do not currently have a PayPal account?
- 188.8.131.52 What if my PayPal account is blocked or closed?
- 184.108.40.206 Can I use PayPal Credit to send money?
- 220.127.116.11 Will my funding sources transfer when I start managing my account on PayPal.com?
- 18.104.22.168 Will my previously scheduled payments transfer when I start managing my account on PayPal.com?
- 22.214.171.124 Will all of my information be carried over to PayPal.com?
- 126.96.36.199 Is there a number I can call if I have additional questions?
Guaranteed Credit Card Approval
Receive $25 bonus on your Visa Credit Card just for applying!
Even with Bad Credit!
Check out our Credit Improvement System!
Also ask about our Line of Credit.
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Use your card to make purchases and shop online. Once you register your card you can send money, make ATM withdrawals and more!
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*$25 credit will be applied to your Visa Card after approval. This offer is only available to all approved America Credit Fix program customers. Not redeemable for cash.
Credit line increase Chase Ink Business Credit Card
Chase just increased a credit line on my Chase Ink Business Cash Credit Card
I didn’t find an option to request a credit line increase from “My Accounts” interface and I just called toll-free number on the back of the credit card to speak with a representative. After requesting credit limit increase, I was asked to provide very typical for such instance information including: the reason for request, type of a business, years stay in business, total revenue, number of employees, and my gross annual income.
I was informed that the credit report must be obtained in order to proceed with my request. It is very typical procedure when you apply for a credit card, any type of a loan, or in case you are asking to borrow more with your existing account.
There was no waiting time to get a result and my request to increase the line on Chase Ink Business Cash Credit Card was approved immediately. No one asked me to name how much funds I want to add to my existing credit card – Chase just made a maximum possible increase based on my credit history and account standing.
Many credit card issuers allow borrows to make a first credit line increase after six months from the date of account opening. It is not a case if you own Ink Credit Card from Chase. At the time of the credit limit increase request, I owned the card for less than four months and made three statement balance payments. I didn’t go with minimum payments only and just paid off the balance every month.
Unsecured Personal Loans & Lines of Credit
U.S. Bank customers can enjoy instant, ready access to funds with the U.S. Bank Premier Line Unsecured Line of Credit. 1
With a fixed interest rate and fixed monthly payments, our Premier Loan — a lower-interest personal loan — is a great choice for one-time financing needs.
Commitment to Solving Credit Score Problems Is the First Step to Good Credit
It is always a good idea to keep your credit rating in good standing. It is always a wise idea to consider the pluses of good credit before spending on items that are considered non-essentials. Bills from credit card purchases do not dissipate. Many of us wish that these bills might disappear, but they will not disappear. These bills have to be paid and rightfully so. Paying the bills on a timely basis ensures a good credit rating. Paying the bills on time ensures the ability to have a good or better credit rating, and it ensures the access to borrowing additional funds when needed.
Answering the Question of How Can One Raise His Credit Score within a Time Frame of Six Months
- One of the first steps in improving the credit rating is to access what the actual credit scores are. Finding the assigned credit score is easy. One way of doing this is to access the particular assigned credit score on line on a program that offers the service for free.
- Next one has to access one of the major credit card score keepers. There are three major credit card score keepers. One is the Equifax Company. Another credit score keeper, which is connected to companies that have reported information into systems about financial credit payments, is the Experian Company. The third major credit card company that knows your past credit rating and history of company’s reports on payments and also rates current accessibility to credit is the Transunion Company. These credit bureaus as such receive information from mortgage companies that currently have agreements for financial payments. These three credit reporting bureaus receive information on payments for auto loans, payments on credit card bills, payments for bills for medical care from hospitals, payments for doctors, and any additional bills for services that were needed and were paid for with credit and not paid for with cash.
Raising Credit Scores Can Be Accomplished and Following These Suggested Ideas Will Be Helpful
- The first thing to do in this quest for good credit score standing is to be determined to improve your credit rating.
- The second thing that one should do is to contact all three main credit card bureaus and see if you can advise them of any inconsistencies that would be in your favor.
- The third thing to keep in mind is to always make the payments to bills on time. If you cannot do this, contact the credit company and make at least a partial payment.
- The fourth thing to do is consider making all purchases with cash or with debit cards. If one is able to pay more than the minimum payment, then pay more of the principal of the loan.
- The fifth thing that you should do is to consolidate as many of the loans as possible. Work on it.
Higher education continues to grow in expense, such that an elitist class of people can only afford to pay for it outright. The rest of the population has to turn to financial aid packages, which regularly include federal Stafford student loans. These loans take up the bulk of a lot of financial aid packages and make it possible for everyone to get a higher education degree. There are a couple of different Stafford loans but only one way to apply for them.
How to apply for a Stafford loan
A federal subsidized Stafford loan means that the federal government pays the interest on your student loan while you are in school at least half time, carrying eight to twelve credits, depending on the institution of higher learning which you attend. Unsubsidized Stafford loans accumulate the interest regardless of whether or not you are in school, thereby compounding the amount you owe to a greater degree and sum by the time you have graduated and finished your degree. Obviously then, you would want to apply for direct Stafford loan that’s subsidized first, and unsubsidized second or last depending on what else you can get in your financial aid package.
Every year starting in February, college students can go online to FAFSA.gov to fill out their applications for the following school year’s financial aid package. The FAFSA, or Federal Application For Student Aid, is a long and lengthy application when first filled out, but gets easier every year as long as nothing changes in income, assets or other monetary items that would affect aid or the receiving thereof. Students, if under a certain age and still technically under their parents’ charge, would have their parents fill it out as it is based on the parents’ income tax forms from the previous year and their fiscal picture. If the student is married or independent of their parents’ home and can provide proof of such, or if they are a non-traditional older student, parents’ income and taxes are no longer necessary to the application. It then becomes the student’s responsibility to show proof of need and income and any tax forms they had filed for the previous year. Once complete and FAFSA has received accurate documentation, it takes a few months without corrections to develop an offering of a financial aid package, and the student has to check on the form that they are interested in federal Stafford student loans.
Once a student has finished their degree and graduated, the student loan grace period is two months. Two months are given to everyone to find a job and start paying the loans back. At this point and time the interest will start to accrue unless you have also chosen unsubsidized Stafford loans, which, if you remember, the interest has been accruing all along. If you find that you can not pay your loans back because of financial hardship or can’t find a job in your field, there is such a thing as a Stafford loan forgiveness program. This route isn’t for everyone; it usually involves extremely stressful and potentially dangerous service in areas of the country or globally where poverty and crime rates are high, even among young adults and teens. For example, taking a job as a teacher in the roughest neighborhood in Harlem or Milwaukee and serving there on staff for x amount of years, the federal government will take note of your service (you have to notify them that you’ve taken the position, of course!) and completely excuse your loan. If you don’t mind this work and want to make a difference in such difficult communities, then this might be the perfect way for you to get your education for “free”. There is also an enrollment application for this program in most states, and it can be downloaded from the government’s financial aid website or you can get a copy from the college financial aid office. Don’t do this though, until you’re certain you have a job that qualifies for forgiveness.
Stafford student loans contact number
The Federal Student Loan Support phone line is: (800) 557-7394.
Top 10 credit cards for first time applicants
How to get your first credit card at 18
For first time applicants looking to build credit on credit cards, there are ten credit cards that stand head and shoulders above the pack. If you’re a first time credit card holder, your credit card is the number one step to building a payment record. Your credit score may or may not qualify you for car loans, mortgage or lines of credit. And it will determine the rate of interest you’re charged if you apply for and receive financing of any kind.
The good news is that changes in credit card laws have been passed with the intent of protecting you and others from rogue lending practices. However, it’s up to each individual to make sure their credit file indicates to lenders they are a good or reasonable risk when applying for a loan. Remember to pay all of your bills and expenses on time. All it takes is one or more late payments to lower your credit score.
The following credit cards, which include prepaid debit cards, are great for people with no credit or a limited credit history. It allows them to build credit on credit cards they choose. Federal laws also protect predatory lending practices to people under 21 unless the card applicant can show he or she has the ability to repay.
The following ten credit cards are recommended for first time applicants:
- Applied Bank Secured Visa Credit Card – This credit card comes with a moderate price tag. But balance transfers are not allowed and there are redeemable awards for air travel and roadside assistance. There’s also a relatively high APR and is available to anyone regardless of credit standing.
- First Premier Bank Gold Credit Card – Moderately priced and prohibits balance transfers. Redeemable awards include air travel, cash back and roadside assistance.
- Capital One Cash Rewards for Newcomers – This card helps anyone new to the U.S. establish credit and earn cash back in the process.
- Capital One Platinum Credit Card – There is no first-year annual fee. Personalize your image and get spending notifications through text alerts.
- Prepaid Visa Pink Diamond RushCard – Guaranteed approval and free direct deposit. Use the card to pay bills, rent or write personal checks. Transfer money to other cards.
- Capital One Cash Rewards Average Credit – Cardholders receive a 50% bonus on cash back earned every year. Cash rewards never expire.
- Capital One Secured Master Card – No application or processing fess required and offers a credit line up to $3000. This is card is accepted a millions of locations around the world. Card holders can also track their own purchases.
- Orchard Bank Visa – Accepted a millions of locations worldwide and reports to three major credit bureaus. Check your account information with ease and get reminded of payments by text messages.
- Prepaid Visa Black Diamond Rush Card – Guaranteed approval with no credit check. Utilize free deposit and change your fee plan whenever it suits you. Card owners can pay bills and write personal checks. It also offers card-to-card balance transfers.
- Prepaid Visa Purple Diamond Rush Card – No credit checks required. Applicants are 100% guaranteed approval. Cardholders can change plans whenever the need arises and there’s no fee charged on direct deposits. Use the card to make purchases and pay bills. It also comes with a free prescription card.
First time credit cardholders should make every attempt to use their card wisely. Why? Because they may have their credit card for years and every purchase and payment is recorded on their credit report and will remain there for many years.
Credit scores are checked on everything, from buying a home or renting an apartment, to everyday purchases and applying for a job. Remember to spend wisely if you’ve been approved for your first credit card. Credit penalties could affect your life for years to come.
How to get personal loans with bad credit
How to get personal loans for people with bad credit
With the economy still struggling and unemployment rates fluctuating, it’s one of the worst times in history for someone with bad credit to try to get a loan of any sort. Yet, life still goes on and needs arise. If you already have bad credit, it’s never too late to start working on improving your credit rating and one effective way is to build credit on credit cards. Using credit cards for purchases and then paying the monthly payments on time or even paying them off every two months or so will work towards improving your overall credit score. A key to this is not to max-out the credit card or cards, though, as running the balance up to the hilt is just as much of a red flag as is non-payment. Sensibly handling your credit cards will show potential lenders that although you may have had an unfortunate set-back in the past, your current credit record is one of responsibly managing your debt.
Many times it is just as difficult to obtain a credit card as it is a loan when you have bad credit. There are a number of companies now who specialize in guaranteed credit cards for people with bad credit. These companies vary in how they structure their offers. Some are considered “secured” and may operate more like debit cards, having you make a deposit equal to your “limit” and then, although you have money backing your purchases, you will still make monthly payments that will build your original deposit back up. Others are more traditional, being unsecured and not requiring a deposit, but they will charge an inflated interest rate, well above the current going rate for a typical credit card.
It is easy enough to find guaranteed credit cards for people with bad credit. Email inboxes are flooded with offers almost every day of credit cards that are assured approval. You can also use the internet to search several sites that will match a credit card and its benefits and features with your credit situation. Simply fill out a short questionnaire and these sites will present you with several choices of credit cards, secured cards, and pre-paid cards. You just review the aspects of each of them and select the one that is right for you. Most times you can get an approval within minutes when you apply for a credit card using one of these sites and be on your way to re-building your credit within days.
While attempting to build credit on credit cards using guaranteed and/or secured cards is one way to go, there are also more loan agencies now than ever before that will loan to someone with bad credit. Recognizing the difficult situation that a large number of people are in, banks and credit unions are even offering “bad-credit” loans in some circumstances. It is always worth a try to contact the bank you do business with first to see what they might be able to offer by way of a loan. These types of institutions might require collateral to secure your loan, but it will at least provide an opportunity to work on your credit score. The most common types of loans that banks and credit unions offer customers with less than perfect credit are home equity lines of credit and title loans on vehicles. This gives them something tangible to fix the loan to in the event of non-payment. Aside from typical financial institutions, there are many other agencies that can be found online and locally, as well, that are willing to loan to those with bad credit. As with the credit cards, you should expect higher interest rates for lower credit scores but that may be a small price to pay to improve your credit rating.
Can I keep my car if I file chapter 7 bankruptcy
Facing the possibility of bankruptcy is a difficult time for most people. One of the biggest questions people have when contemplating filing bankruptcy is if they can keep their assets. Different kinds of bankruptcy have different benefits and drawbacks when it comes to the debtor. One of the major advantages of filing Chapter 7 Bankruptcy is that it allows you to keep various assets that would other wise be surrendered when trying to pay off debts and filing bankruptcy. Cars and homes are two of the biggest assets that most people have.
One of them most commonly asked questions people have when facing bankruptcy is “Can I keep my vehicle if I file bankruptcy?” Under chapter 7 bankruptcy, the answer is yes in most cases. Chapter 7 bankruptcy allows that as long as the vehicle is owned by the person filing bankruptcy and is worth less than the maximum allowable value for exemption amount of the state that the person is filing bankruptcy in. Different states have different exemption laws, so it is important to find out what the laws are in your state before filling bankruptcy.
The answer becomes more complicated if you do not own the vehicle you wish to keep, either because you are still making payments on it, or because it is a leased vehicle. Laws very from state to state, but, in most cases, if the payments are current than you will be able to keep the vehicle. If you are leasing the vehicle you usually have the option of breaking your lease agreement without occurring any penalties and returning the vehicle or keeping the vehicle under the current terms.
Where your options under Chapter 7 bankruptcy law become complicated is when you are making payments on vehicle you plan to own in the future. Most states give you several options. You can keep the terms of the loan as they are, without making any changes, you can renegotiate the loan or resign the loan under what is called a reaffirmation agreement, or you can agree to pay the lender a lump sum more or less equal to the vehicles current worth, under what is known as a redemption payment. Each state has different policies, so you need to make sure that you understand the law in your state.
In any case the first thing you should do is call you lender and inform them that you are planing on filing on bankruptcy, but wish to keep your vehicle. Your lender may have certain policies for dealing with bankruptcies, and it is important to understand all of your options before proceeding.
Because the law is complicated, it is very important to consult a bankruptcy lawyer when filling for bankruptcy. Your lawyer will have more specific information concerning your case, and will able to provide you with a more specific answer about which assets you will be able to keep, and what you will have to do in order to be able to keep them.
Uncontested divorce with children
Deciding to end a divorce is just as important has deciding to get married, and neither choice should be entered into likely. While no one wants to get a divorce the inevitable is bound to happen. The quickest way to recover is to accept what is about to happen and move on. However, this theory may be a little difficult to do when children are involved. The most important factor to consider in an uncontested divorce is the children and what effect a divorce will have on their well being. They too must learn to accept and cope with a one parent home. However, there are some steps that parents can take to help make the process easier.
An uncontested divorce can work to the advantage of most couples where children are involved. They have the freedom to sat down and come to an agreement on issues that will ultimately impact their present and future well being. The court may recommend that the children involved participate in my parent is getting a divorce class. This will help them realize that they are not the blame for the separation, and they still have both parents, but in separate homes.
Separate homes usually mean custody issues. Both parents will more than likely share custody, and in some cases only one parent is given full custody of the children. If this is the case the other parent is required to pay child support. This amount can be reached outside of the courtroom by both parties or inside the courtroom by a judge. High debt and uncontested divorce is a workable plan that can work in the best interest of the entire family. If high debts need to be resolved, work out a payment plan with the creditor. Agree to pay a reasonable amount in child support. If the court insists on insuring the children, placing them on the job’s insurance plans are a lot cheaper.
Sell off as much property as necessary; if it is of no use to neither party, take the money and pay off debts that could affect both parties in the near ahead. Eliminating financial debt before getting an uncontested divorce means that children can look forward to financial support in a timely manner and both parties are practically debt free. Most couples will have already worked this part out before they enter the courtroom and ask for an uncontested divorce with children.
How much would an uncontested divorce cost?
There can be a large variance in the cost of an uncontested divorce. Attorneys are known to advertise anywhere from $90 to $1000. Generally the lower rates are for a very specific uncomplicated case and will go up in large increments if children or other complications arise. Getting an attorney that offers a flat fee for uncontested divorce is your best bet. The court fees for filing your divorce will vary from state to state. It is generally around $250.00 to file for a divorce with the court. You will need to check with your local courthouse for exact filing fees in your area. If uncontested divorce is at all possible it is in the best interest of everyone involved and in the long run will save you a bundle of money.
What property can I keep after a chapter 7 bankruptcy?
Deciding to file for bankruptcy is a difficult decision that most people try and avoid if at all possible, especially since filing stays on one’s credit report for 10 years. But for many circumstances force their hands and bankruptcy becomes inevitible. Under Chapter 13 Bankruptcy, debtors pay back debts over an extended period of time, but when that isn’t possible some will file for Chapter 7 Bankruptcy which will cancel many of their debts.
However, just because someone has filed a Chapter 7 Bankruptcy doesn’t mean they can live in luxury. Filing a Chapter 7 Bankruptcy is a humbling experience, one that requires many to scale back to the necessities, take inventory of their possesions and prioritize their lives. Excessive posessions will be liquidated in order to pay creditors at least a portion of what is owed.
But of course, no one expects people to live with absolutely nothing. For this reason there are limits on what property one is allowed to keep. Many people find these limits quite reasonable, and well worth the peace of mind that comes from no more collection calls.
Exact values of what is allowed can vary somewhat depending on what state a Chapter 7 Bankruptcy is filed in.
- The first thing you get to keep is $20,200 of value in your residence. This means those with a large amount of equity in a home, may need to refinance to pay off some bills before being condisered. However, for those who rent, this should not be a factor.
- You are also allowed to keep your vehicle valued up to $3225. This is the Market Value, minus any loans against it. Household items values at up to $10,775 are also considered exempt, except no individual item can be valued at more than $525. Jewlery and heirlooms up to $1225 may be kept. Tools of the trade, valued to $1850 may be kept, this includes anything which is deemed necessary to earn one’s livelihood.
- You may also continue to receive a reasonable amount of alimony or child support, and public benefits, such as unemployment, worker’s compensation, Veteran’s benefits or social security are also safe. Retirement accounts, such as 401Ks, should also be left in tact.
- In addition to liquidating assets down to these levels, filers of Chapter 7 backruptcy must also meet median income guidelines, and complete credit counseling before filing.
creditline credit card
If PayPal is linked to
your credit line:
both of your accounts
If PayPal is not linked to
your credit line:
your credit line and PayPal
Apply for PayPal Credit and start enjoying more time to pay
PayPal Credit is the simple, flexible credit line built into your PayPal account. Apply now and get a decision in seconds.
Subject to credit approval. See Terms.
* You may not be eligible to add PayPal Credit to your PayPal account if you do not meet certain criteria established by PayPal.
PayPal Credit is a line of credit from Comenity Capital Bank that gives you the flexibility to pay for your purchase now, or pay over time. ItвЂ™s easy to apply and easy to use.
You can use PayPal Credit on purchases at thousands of stores that accept PayPal. ItвЂ™s also available for purchases on eBay and exclusively at thousands of other online stores.
- Check out with PayPal and then choose PayPal Credit.
- Answer 2 quick questions and accept the terms.
- YouвЂ™ll know within seconds if you are approved.
- Look for your PayPal Credit statement via email.
If your PayPal Credit account is linked to your PayPal account, your offers may vary.
How do I start using PayPal Credit?
Select PayPal Credit as your payment choice during checkout. YouвЂ™ll be asked to provide your date of birth and your Social Security number, and then to agree to the terms and conditions, to apply for a PayPal Credit account. YouвЂ™ll know within seconds if you are approved. And hereвЂ™s the cool thing: your PayPal Credit account will be linked to your PayPal account and youвЂ™ll see it as a payment option every time you check out with PayPal.
How do I select PayPal Credit as my payment source?
There are two ways to choose PayPal Credit. Some merchants have a PayPal Credit option at checkout. If they do, you can simply choose that option. If you donвЂ™t see a PayPal Credit option, check out with PayPal, and then youвЂ™ll have the option to select PayPal Credit as your payment method. Either way a window will appear on your screen where youвЂ™ll provide your date of birth and the last 4 digits of your Social Security number, and then agree to the terms and conditions. Approval takes just seconds and you can complete your purchase.
Can I use PayPal Credit when shopping on eBay?
Yes. Look for the PayPal Credit option on the Choose Payment Method page, or when you checkout with PayPal. PayPal Credit can be used for most purchases on eBay, except in the following categories: adult, digital goods, weapons, alcohol, and vehicles (PayPal Credit is available for auto parts and accessories).
How does the "No Payments + No Interest if paid in full in 6 Months" offer work?
YouвЂ™ll have the option to make no payments for 6 months, on qualifying purchases. You will receive monthly statements and can make payments at any time. As long as you pay in full by the promotion expiration date, you will not be billed interest for that purchase. If you do not pay in full, interest will be calculated from the posting date (which is usually within a few days after the purchase date) and will be billed to your account.
How do I pay my PayPal Credit bill?
YouвЂ™ll receive monthly statements and can choose to pay in full or over time (interest charges may apply). For your convenience, once you link your PayPal Credit and PayPal accounts, you can keep track of your purchases and make payments on PayPal.com. Pay your balance due from either your PayPal balance or your bank account.
You can also mail your payments in to:
Atlanta, GA 30348-5658
Is there an annual fee to use PayPal Credit?
Nope! There is no annual fee to use PayPal Credit. See the Terms and Conditions.
Do I have a Credit Line and how much will it be?
Yes. Once youвЂ™re approved, Comenity Capital Bank will open a PayPal Credit account with a Credit Line of at least $250.
How do I increase my credit line with PayPal Credit?
You can continue to use PayPal Credit for purchases and, if those purchases cause your outstanding balance to exceed your credit line, weвЂ™ll evaluate you for a credit line increase. Your eligibility for a credit increase is determined by your credit history and customer history with PayPal Credit, and the Terms and Conditions. This will happen automatically during checkout, so you donвЂ™t even need to ask.
What is the Annual Percentage Rate (APR)?
The Annual Percentage Rate for standard purchases and cash advances on a PayPal Credit line is 19.99%, although some special offers have a lower, promotional APR. The Minimum Interest Charge is $2.00. Of course, you can choose to pay your entire balance by the payment due date to avoid interest charges. Learn more about the interest rate.
What does вЂSubject to Credit ApprovalвЂ™ mean?
PayPal Credit is a credit account that you can use to make purchases and send money. Comenity Capital Bank will review and consider your credit report and other credit related information prior to opening your account and establishing your credit line. Creditworthiness is determined by Comenity Capital Bank. This process happens in a matter of seconds as part of the PayPal Credit checkout process. Once you are a PayPal Credit customer, you can use your credit line to make purchases. If you make a purchase that would cause your outstanding balance to go above your credit line, we will review your credit history and history with PayPal Credit to instantly determine whether to increase your credit line.
Do you check my credit report every time I make a purchase?
No. A credit report is reviewed when you apply for PayPal Credit and occasionally when you attempt to increase your credit line. Periodically, weвЂ™ll obtain updates of your report, but these updates have no impact on your credit score. If for any reason your Credit Line is decreased, youвЂ™ll be notified of the reason in writing.
Is there a fee for late payments?
Yes, you will be charged a late fee for each month that the minimum payment is not paid by the payment due date. The first time youвЂ™re late, the amount of the late fee will be the same amount as the missed payment, up to $27. If youвЂ™re late again, the late fee will be up to $38.
Yes! PayPal Credit provides вЂњzero fraud liabilityвЂќ protection, the same protection provided by most major credit cards. This means you are not responsible for unauthorized charges. And we verify your identity with top-of-mind information such as your date of birth and the last four digits of your Social Security number, so thereвЂ™s no account number that can be lost or stolen..
Where else can I use PayPal Credit?
PayPal Credit is available on purchases at thousands of stores that accept PayPal. ItвЂ™s also available for purchases on eBay and exclusively at thousands of other online stores.
Linking your accounts means youвЂ™ll be able to use PayPal Credit at most places PayPal is accepted. You can also get six months to pay for your purchases of $99 or more through PayPal Credit - and you could score deals such as free shipping, valuable discounts and promotional offers! By linking, you can also easily manage both accountsвЂ”pay your bill, view recent activity, set payment reminders, and much more at PayPal.com.
I have a separate PayPal Credit (formerly Bill Me Later) account. How do I add it to my PayPal account?
Go to www.paypalcredit.com and choose вЂњLinkвЂќ
Nope. Once you link your accounts there is no registration step. You can simply log into PayPal.com and get access to up-to-the-minute account activity, special discounts, free shipping, and promotional financing offers from your favorite merchants.
What if I do not currently have a PayPal account?
In order to link your PayPal Credit and PayPal accounts, you must first open a PayPal account. If you do not already have a PayPal Credit account, you can sign up for both accounts at the same time.
What if my PayPal account is blocked or closed?
If your PayPal account is blocked or closed, you will not be able to go through the online linking process. Please call PayPal Customer Service at 1-888-221-1161 and we will do our best to help.
Can I use PayPal Credit to send money?
Yes! You can now send money with PayPal Credit. ItвЂ™s easyвЂ”simply log in to PayPal.com and select the Send Money tab. Enter the recipientвЂ™s email address or phone number, amount, and transaction type. Click Change to select PayPal Credit as your payment method, then confirm your payment details. Your transaction will appear on your monthly PayPal Credit statement. When you use PayPal Credit to send money, a flat fee of 2.9% + $.30 US dollars (USD) per transaction is included in your payment total. This is the same fee you pay when you use a debit or credit card to send money through PayPal. This feature is not available on mobile devices. Note: PayPal Credit promotional financing offers do not apply to send money transactions.
Will my funding sources transfer when I start managing my account on PayPal.com?
No. Since the requirements for PayPal Credit and PayPal differ, we cannot add your current funding sources without you going through approval and set up process of adding them yourself. This is also a security feature to make sure you are in control of who has access to your accounts.
Will my previously scheduled payments transfer when I start managing my account on PayPal.com?
Yes. Any payments you have already scheduled will still process on time from your previous funding sources. YouвЂ™ll even see them process through your new PayPal.com interface, even though you will not be able to access those funding sources until you add them directly into your PayPal account.
Will all of my information be carried over to PayPal.com?
When you link PayPal Credit to your PayPal account, all credit history will automatically transfer over. The linking process is what will enable statements, transactions, account history and profile information to be displayed on PayPal.com. However, for security reasons, funding sources associated with your PayPal Credit account will not automatically transfer over PayPal.com. You will need to manually establish or update any links from financial institutions (such as your bank accounts) to PayPal Credit. We recognize this poses a minor inconvenience for customers, but for security reasons this information will not automatically transfer.
Is there a number I can call if I have additional questions?
Yes there is. Our customer service department is available to assist you with your PayPal credit related issues. Please call us at 1-866-528-3733 and we will do our best to help.
PayPal Credit is subject to credit approval, as determined by the lender, Comenity Capital Bank.
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