Think Cash - Credit Report?
Date: Mon, 08/17/2009 - 08:31
I am behind on my loan with Think Cash (First Bank of Delaware). I have made my other payments on time, but am 2 weeks behind on my latest payment. Do installment loans go on your credit when you're late, or does that only happen if it goes to a 3rd-party collections agency?
Installment loans are legal and yes they can show as late on a c
Installment loans are legal and yes they can show as late on a credit report. usually item must be 30 days late to appear
Whether to report it or not is voluntary on the part of the cred
Whether to report it or not is voluntary on the part of the creditor or CA. Think Cash was (and may still be) a 3rd party servicer for First Bank of Delaware on these loans. Banks are much more likely to report to credit reporting agencies than regular payday lenders.