Is PayPal Pay Later bad for credit score?

Is PayPal Pay Later bad for your credit score? Ugh, that’s a question that kept me up at night, I’ll be honest. I mean, the convenience is amazing, right? But then…the credit score thing. It’s a real head-scratcher.

So, what I’ve gathered – and this is from, like, actually reading stuff, not just skimming – is that it’s kind of a “it depends” situation. It won’t instantly tank your score, which is a relief. But, and this is a big but, if you use it and, importantly, pay on time, then that activity gets reported to the credit bureaus. Think of it like this: My friend Sarah, she used it for a new blender – a really fancy one, she showed me pictures – and she paid it off early, and bam, it actually helped her score a little. See? A little responsible use, and it can be a good thing.

But here’s the scary part, and the reason I’m still on the fence about it myself. If you miss payments? Oh boy. That’ll definitely hurt. Like, really hurt. I remember my cousin, Tom, he got behind on a store credit card once, man, that ding on his credit report took years to fade. Years! So, yeah, that’s what makes me hesitant. It’s a double-edged sword, like they say. A very sharp, credit-score-slicing double-edged sword. I’m still weighing the pros and cons, you know? Maybe I’ll just stick to my debit card for now… until I figure out how brave I feel about this whole thing.