What Credit Score Is Needed for PayPal Credit?


Are you thinking about applying for a PayPal Credit account?

The minimum recommended credit score for PayPal Credit is 700.

What is PayPal Credit?

PayPal Credit is a revolving credit line issued by Synchrony Bank that allows you to make purchases at millions of stores that accept PayPal. It allows shoppers to choose a multi-month payment plan instead of paying for an entire purchase upfront. If you’re approved for PayPal Credit, you’ll have a minimum credit limit of at least $250.

What do I need to get approved for a PayPal Credit account?

There’s no guarantee that you will be approved for a credit card, regardless of how high your credit score is. Your credit score is probably the most important factor when considering your credit application. However, PayPal also considers other factors such as your income, debt, and any negative items on your credit report.

How to Increase Your Chances of Getting Approved for PayPal Credit

Getting approved for a PayPal Credit account requires a little planning. When applying for new credit, it’s essential to know your credit scores and what’s on your credit reports.

PayPal wants to see a strong credit history, steady income, and low credit utilization. If you’re using too much of your existing revolving credit, it’s a sign that you may not pay them back. You’ll also want to make sure you haven’t applied for too much credit in the recent past. Having too many credit inquiries can lessen your chances of getting approved.

Need help improving your credit score?

One of the best ways to improve your credit scores is by removing negative items from your credit report. Lexington Law can help you dispute (and possibly remove) the following items:

  • late payments
  • collections
  • charge offs
  • foreclosures
  • repossessions
  • bankruptcies

They have over 18 years of experience and their clients saw over 6 million removals on their clients in 2021 alone. So if you’re struggling with bad credit and want to increase the likelihood of getting approved for new credit, give them a call at (800) 220-0084 for a free credit consultation.

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