Can using PayPal make my credit score go up?

Question

Provided there's enough in the bank to cover my purchases, could it bring my credit score up?

Answer 1

Unless you have the PayPal credit card, just having a PayPal account isn't going to do much to affect or help your credit score.  I believe they also have something called PayPal Credit that can only be used on EBay purchases, but I cannot remember if they report those to the credit agencies.  They give  you a credit limit and if the seller accepts this form of payment you can make payments on your purchase.

Answer 2

No, but Paypal offers a credit program, that does affect your credit score. I was a member of Paypal for about 3 years before they offered it to me.

Answer 3

Paypal isn't credit extension.  It has absolutely no impact on your credit or score.

Answer 4

No, paypal is not a creditor.  It is simply a clearing house for payments.