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credit score and payday loans

Date: Mon, 06/01/2009 - 18:51

Submitted by anonymous
on Mon, 06/01/2009 - 18:51

Posts: 202330 Credits: [Donate]

Total Replies: 1


How will my credit score be effected by my inability to pay my loans off in and on time?


Generally payday lenders don't report to the "Big Three" that generate your FICO score. They use specialized credit bureaus like DP Bureau and Teletrack instead. However, there are some that do, and some collection agencies that handle pdl's do as well, so it's hard to give you a one-size-fits-all answer.


lrhall41

Submitted by on Mon, 06/01/2009 - 19:30

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