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Pay Pal Credit
#11
OK, but you realize the PP debt and credit cards aren't the same thing right? PP debit card requires no approval, but as you mentioned, you probably can't get that either unless you are in the US or maybe in Canada. It is just one of those things. Those in other countries..have some things that aren't offered here I am sure.
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#12
This is actually the first time i've heard about pay pal offering loan. If this is true well thank you fro sharing this information, you could actually many people because of this.
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#13
I've never heard of this, interesting! I guess it only applies in the Us. I would not take credit from PayPal, if I could because, this is not it's specialty and because of this it would probably cost more than credit card services with a bank. Why don't they concentrate on payment processing? They should expand their services to be accepted by companies like Amazon?The nos 1 e-commerce company.So my argument would be let them get better at this then they can expand the services they offer.
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#14
The thing with PayPal and most of the services that they offer is that it is difficult to have access to them while staying in some specific countries and that is the reason I don't always feel okay doing things with them. If I'm not making any mistake, I doubt if this PayPal debit system is available in majority of the counties in the world and that is the reason they should try to expand the way they work.
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#15
Buying now and paying later.
That’s the magic of more time.
When you need to buy something, you don’t want to wait. With PayPal Credit, you can enjoy special financing offers like this one: No Payments + No Interest if paid in full in 6 months on purchases of $99 or more. Buying with the power to pay as you choose and still enjoying the security and reliability of PayPal.
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#16
(02-01-2018, 06:52 AM)chikatilo Wrote: OK, I did some research. Here's the deal:

First you have to provide PayPal with your birth date and Social Security Number. You’ll know within seconds if you are approved. PayPal Credit will automatically be added to your PayPal account. Now that they mention SSN, it makes it clear that this service is available only in America.

The good thing is there is no annual fee. The Annual Percentage Rate (APR) is 19.99% and the Minimum Interest charge is $2.00.

The great thing is there is NO interest if paid in full in 6 months on purchses of $99 or more. Lucky Americans!  Smile

This looks very interesting but the sad thing is that it's only available for only people in America. This would have been a huge help for most people all around the globe. Truly when they say that America is a land of opportunity, this is one of the reasons such statements takes a huge ground and why most people are struggling to get into the country because once you get there and you are very hardworking, the resources at your disposal will definitely help you succeed and prosper. Enjoy my dear Americans the opportunity at your disposal, I hope it gets to us sooner than later.
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#17
Just out of curiousity and because of this discussion I did some research on the PayPal credit card. Apparently, according to customers who have the card it is not worth having. They said the customer service is bad and jerks you around. Therefore, I personally don't plan to apply for this card. Regular PayPal customer service isn't bad..although one time I had an issue with Amazon and PP and neither side would resolve it. I finally gave up!
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#18
BENEFITS OF BANK MERGERS AND ACQUISITIONS
Scale
A bank merger helps your institution scale up quickly and gain a large number of new customers instantly. Not only does an acquisition give your bank more capital to work with when it comes to lending and investments, but it also provides a broader geographic footprint in which to operate. That way, you achieve your growth goals quicker.

Efficiency
Acquisitions also scale your bank more efficiently, not just in terms of your efficiency ratio, but also in terms of your banking operations. Every bank has an infrastructure in place for compliance, risk management, accounting, operations and IT – and now that two banks have become one, you’re able to more efficiently consolidate and administer those operational infrastructures. Financially, a larger bank has a lower aggregated risk profile since a larger number of similar-risk, complimentary loans decrease overall institutional risk.

Business Gaps Filled
Bank mergers and acquisitions empower your business to fill product or technology gaps. Acquiring a smaller bank that offers a unique revenue model or financial product is sometimes easier than building that business unit from scratch. And, from a technology perspective, being acquired by a larger bank might allow your institution to upgrade its technology platform significantly.

Talent And Team Upgrade
While not a factor on the balance sheet, every bank benefits from a merger or acquisition because of the increase in talent at leadership’s disposal. An acquisition presents the possibility of bolstering your sales team or strengthening your team of top managers, and this human element should not be ignored or downplayed.

DANGERS OF BANK MERGERS AND ACQUISITIONS
Poor Culture Fit
Plenty of prospective bank mergers and acquisitions only look at the two banks on paper – without taking their people or culture into account. Failure to assess cultural fit (not just financial fit) is one reason why many bank mergers ultimately fail. Throughout the merger and acquisition process, be sure to thoroughly communicate and double-check that employees are adapting to the change.

Not Enough Commitment
Execution risk is another major danger in bank mergers. In some cases, banking executives don’t commit enough time and resources into bringing the two banking platforms together – and the resulting impact on their customers causes the newly merged bank to fail completely. Avoid this mistake by dedicating enough resources for a full integration of the two financial institutions.

Customer Impact And Perception
While undergoing an M&A event at your bank, it’s critical that you pay attention to the impact it has on your customers. Especially with smaller community banks, customers often respond very emotionally to a bank acquisition – so it’s essential that you manage customer perception with regular, careful communication. And once the merger or acquisition is fully underway, remember to consider the impact on your customers at every stage: Anything from changing technology platforms to financial products could impact your customers negatively if you don’t pay attention.

Compliance And Risk Consistency
A final danger to consider during your next merger or acquisition is the risk and compliance culture of each bank involved. Every financial institution handles banking compliance and federal banking regulations differently, but it’s important that the two merging banks agree on their approach moving forward. When two mismatched risk cultures clash during a bank merger, it negatively affects the profitability of the business down the road if they haven’t come to a working solution.

Bank mergers and acquisitions are complex procedures with the possibility of extraordinary payoff – or extraordinary peril – so it’s important that you handle your upcoming M&A event with care. Keep these benefits and dangers in mind as you combine the processes of each different bank, and you’ll be on your way to a successful merger or acquisition.
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#19
Budgeting made simple with set monthly payments up to 36 months.
Easy Payments with PayPal Credit lets you get what you need, when you need it, and budget your payments as you go. You choose the monthly payment amount or length of time that works for you. You can even set automatic monthly payments, so all that’s left to do is enjoy your purchase.
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#20
(02-02-2018, 09:42 AM)kgord Wrote: Just out of curiousity and because of this discussion I did some research on the PayPal credit card. Apparently, according to customers who have the card it is not worth having. They said the customer service is bad and jerks you around. Therefore, I personally don't plan to apply for this card. Regular PayPal customer service isn't bad..although one time I had an issue with Amazon and PP and neither side would resolve it. I finally gave up!

I'm so sorry for the inconveniences such things causes you. Nobody is ever pleased when his financial issues couldn't be handled to his or her satisfaction, it's very frustrating. I'm quite sure that with such experience that you have had, there is no way that you are going to encourage anyone close to you to get involved in this service because you are doubtful such person wouldn't experience such problems as well.
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