bamgrinus
Distinguished Member
- Joined
- Oct 19, 2013
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- 1,277
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Not necessarily ebay related but PayPal is funny. They'll lend me 58k without a credit check in 3 clicks but when I wanted to take advantage of the $20 free credit from PayPal credit I applied and was denied for a $400 line. Doesn't make much sense that you'll lend me $58k on no credit check and then $400 is auto declined with a credit check.
If they're not checking your credit it implies that they're lending with an interest rate aimed at people with bad credit. Lots of companies (like Four) making a bunch of money off non-traditional credit products aimed at high risk borrowers and charging obscene interest rates. How do you borrow that much from PayPal, though?