Oh but paypal is not a bank! Oh no-siree Bob! They are a unique financial organ with one penetrating thought and one blind eye staring at the money-sphincter of the world, er no make that the entire known universe, this galaxy, dimension and beyond. lmao
I do still wonder how a mere money transmitter is going into the loan business though? Aren't there strict legal classifications/licenses etc for a "loan service" and/or bank?
I'm sure they will conduct biz with the same cunning, skill and precision they are world famous for. Imagine the possibilities...