hey what's going on guys this is Daniel one half of the Kwak Brothers we have a
bit of a treat today i got one of my best friends here mr. Melvin Johnson
founder of Maaj group and in this video we're gonna be talking about the best
credit card for beginners in 2019 hey guys my name is Melvin Johnson again today I'm
going to share with you what I believe to be the best kept secret in the credit
card industry this credit card company has just really done something
phenomenal and also under Google underwent some some changes as of late
within this past six months however it has not affected their performance as a
car issuer but before I move on a lot of you guys know this company particularly
you may have seen them on Amazon do or checkout or ebay During the checkout and
various other websites doing checkout and only know them by way of their the
credit that they offer in their business and if you haven't caught on yet - what
company just that I'm talking about I'm talking about PayPal PayPal offers a
phenomenal credit card they offer - by the way they offer PayPal MasterCard and
a PayPal masters extra which is a one two three percent Interest cashback on
any purchase that you spend I think this is phenomenal
recently PayPal credit was bought out by well the the service surfer PayPal was
committed a bank and they were just bought out by secretiy Bank within the
last six months so they underwent some changes and if you don't know it you
have a PayPal credit lookout because they will start reporting to the
bureau's if you are like me and you love being you love that introductory period
that they have but then they're also that special promotional financing that
they offer that if you spent over a hundred dollars then you would not have
to make a payment until six months if that balance was paid in full you
wouldn't even have interest on it well they've changed some things a little bit
because now they require that you have at least a minimal payment on that
balance there's no interest you're just paying on the minimum principal but then
also they're going to start I would say here in September reporting
to the bureau's now you called they may say hey we don't know when this change
will go in effect or maybe it'll go in effect in a couple of months but
nevertheless it's changing so if you have a paypal credit and not a paypal
extras MasterCard or a PayPal MasterCard make sure you get that balance down as
low as you possibly can get it so that you can have the best chance at
maximizing your credit your credit options when you go and apply for the
car now back to the paypal mastercard though paypal mastercard is awesome not
only does it offer a 1-2-3 percent introductory sort of no no that's not
even one one two three percent introductory that's actually one two
three percent cash back on all purchases they offer at minimum we've been
successfully able to secure most of our clients at least fifteen months at 0%
interest on these credit cards so that's phenomenal so if you like me and you
like to use these cards you don't like to pay interest you can rest assured
knowing that you have this for at least fifteen months okay
that's phenomenal I don't know many card issuers out there that are doing that
for beginning car holders now a lot of times you see nine twenty one months and
every now and then you have a story of a person that's got a 24 month period but
that's typically those higher cards one of my last clients we were able to
secure him ten thousand dollars he had he had only had an account with PayPal
for maybe several months I've been to this point
however he was able to secure ten thousand dollars just like that and you
know as you guys would know what I would recommend is making sure that if you
have a credit profile established already that you have all your accounts
to be current current you also have a low utilization so that you're not sort
of risking not being approved or not being approved for as much as you
possibly can get because this is a phenomenal car lastly one of the things
that I'll say is maybe if you are in a position where you couldn't wait open
the PayPal account up let it sit for a month or two because a lot of
institutions they won't tell you this but they require that you have at least
90 day relationship with them before they'll give you what they can see
to be their premium members they all wait to give you the max of what they
can offer you if you found this video to be helpful please like share and
subscribe do not forget to do that and so that you can stay up on the tips
because we will do this you know quite often as you guys know credit card
issuers change their sort of special rates all the time
but I don't want you guys to miss out on that so please do that and my name is
Melvin Johnson it's been fine until we meet again