Complaint Review: PayPal Business Loans - San Jose CA

First off, obviously you didn't follow my suggestion of looking into "other" reviews on "PayPal Business Loans". You will find my experience is not "isolated" .

- Those reviews were there BEFORE you applied and didn't seem to be an issue until you were denied, so they have nothing to do with YOUR situation.

So, How can ANY company have a DIFFERENT opinion about ALL of a person's debt being "PAID AS AGREED". That's NOT an opinion, THAT'S FACTS!!

- You seem to have a bit of a problem separating fact from opinion..so let me help you out..

"Paid as Agreed" - Fact

"A good payment history" - Opinion

Thirdly= You stated, "You have not shown any sort of discrimination". I NEVER stated that I WAS discriminated against. I stated "Possible" or "Suspect", those terms denotes me feeling as their "definitions" explain, DOUBTFUL and or QUESTIONABLE. I NEVER took a DEFINITIVE stance on discrimination.

- You put that in the TITLE of your report, not burred deep down in your report. This was one for one reason...to try and sensationalize your report

I said all that to say this, I actually DO NOT NEED THE LOAN!!!

- So you just go around and applying for random credit lines just for the heck of it? I get credit offers on a daily basis, but don't just go applying for them because a bank sends me something.

In conclusion, As you stated, "my opinion" and THIS IS THE ONLY THING YOU WERE RIGHT ABOUT! So let me ask you this...............WHO asked for YOUR Opinion?

- This is a PUBLIC web site and as such the PUBLIC can post as well, Contrary to what you may have wanted or thought...not all opinions may agree with you. So if you really must know it was YOU who asked for my opinion when you posted your report.

The one thing out of this is that by me posting it was shown how you liked to sensationalize your narrative by trying to play the discrimination card. Then when called on it you backtracked basically admitting there really was none...which of course destroyed what ever credibility you may have had(which was spotty to begin with) So how can we believe anything else you stated, which of course everyone else who comes here can now form their OPINION based on this as well.

Robert,

First off, obviously you didn't follow my suggestion of looking into "other" reviews on "PayPal Business Loans". You will find my experience is not "isolated" .

Regarding my payment history is "my opinion" and Paypal and or other companies have their opinion regarding a good payment history is "fundamentally" flawed at best. You either misread or did not comprehend my post. ALL of my debt ARE "PAID AS AGREED".  That is the FACTS! That LITERALLY means "my payment history" is GOOD. So, How can ANY company have a DIFFERENT opinion about ALL of a person's debt being "PAID AS AGREED".  That's NOT an opinion, THAT'S FACTS!!

So, now let me help you understand=  If YOU paid ALL OF YOUR DEBTS "AS AGREED" and ALL OF YOUR CREDIT REPORTS SHOW YOU AS HAVING A "GOOD PAYMENT HISTORY" and a Company Deny YOU credit in part, because they said you have a "POOR payment history";  You don't see that as being "INCORRECT" AND "FALSE"?  HOW is that "AN OPINION"?  All Debts paid ON TIME and AS AGREED is considered a "GOOD PAYMENT HISTORY" ANYWHERE IN THE WORLD AND TO EVERY COMPANY. You stated "general" principles and FAILED MISERABLY  with comprehending my post and "concern".

Secondly, I AGREE WITH YOU 100% that even a 700 credit score is not that great and is even "average" (btw, one of my scores is OVER 700). HOWEVER, "NEWSFLASH", PayPal Business Loans DOES NOT consider your credit score!  They look at revenue (it's "suppose" to be an extremely simple, quick, STRAIGHT FORWARD process PER Paypal Business, btw). Now, again, you either missed my point or didn't comprehend......I ONLY mentioned my credit score to "prove" that i HAVE A "GOOD PAYMENT HISTORY",  I'm not sure if you're aware that, it would be hard to have 700+ score with a "POOR PAYMENT HISTORY" (remember? they said I had a "poor payment history"). 

Thirdly=  You stated, "You have not shown any sort of discrimination".  I NEVER stated that I WAS discriminated against. I stated "Possible" or "Suspect", those terms denotes me feeling as their "definitions" explain, DOUBTFUL and or QUESTIONABLE. I NEVER took a DEFINITIVE stance on discrimination. 

Lastly, Your tone with your conclusion "suggests" you have taken a "personal" offense with "MY factual experience" with Paypapl Business and your tone "suggests" you hold some type of "bias" for reasons unknown. At any rate, you wanted to know why I don't get money "elsewhere" and why am I "so focused" on Paypal. (You MUST be limited in your comprehension and understanding of the "basics" of life and business) I HAVE gotten business loans elsewhere; Creditors ARE KNOCKING MY DOOR DOWN!!!  I AM NOT SOOOO FOCUSED on PayPal=  Its SIMPLE and YOU'RE making more of it than what it is.........  I simply RESPONDED TO THEIR REQUEST (hint: Paypal Business CAME KNOCKING on MY DOOR/ let me guess=  You missed that too in my post, lol) . I was simply writing about my experience to provide information to  other Businesses  who were thinking of doing business with "Paypal Business Loans".  And the bottom line is this: Paypal Business took an ADVERSE action AGAINST me  based on FALSE INFORMATION!!!  Furthermore, (again, to help you comprehend life and situations= Our reviews, complaints, posts, etc are NOT all EXHAUSTIVE and CANNOT include EVERY little DETAIL and MITIGATING circumstances, nor do they include EXTENSIVE  information regarding Our ENTIRE financial situations).

I said all that to say this, I actually DO NOT NEED THE LOAN!!!   (again, listen closely, im helping you again).  This is ONE way that SOME of us SUCCESSFULL SMALL BUSINESS owners use to BUILD a Relationship with MULTIPLE creditors AND Build good BUSINESS CREDIT.  (I'll stop here, I'm sure you're already overwhelmed, I'll that sink in)

In conclusion,  As you stated, "my opinion" and THIS IS THE ONLY THING YOU WERE RIGHT ABOUT!  So let me ask you this...............WHO asked for YOUR Opinion?

It is your opinion that you have a good payment history. It may be the opinion of 20 other banks that you have a good payment history.  But it is NOT 20 other banks or your money that you are looking to borrow money from right now. You are looking to borrow Paypal's money.  As such they apparently have different requirements where you may not be qualified.

I have a average personal credit score of nearly 700!

- "nearly 700"? That's actually not that great. In fact if it is a true FICO score it is really only aveage.

They NEED to be investigated ASAP!!!!!!

- Why? You have not shown any sort of discrimination. It's their money. It's their standards.

By the way if you have such a stellar credit history why are you focusing so much on Paypal? Why are you not  obtaining funding elsewhere? After all based on your narrative you should be having creditors knocking down your door just begging you to take their money.