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Do payday loans get reported on your credit report?

Jennifer Patterson

in Student Loans

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1 answer

Ramon Kelly on January 24, 2018

The majority of the companies of pay day loans does not check your credit. However, if you are worried that having received a payday loan in the past, to their credit, don't worry. Credit reporting agencies can't see that you have had a payday loan in the past. Pay day loans are not informed about your credit, UNLESS you do not pay them. Then, you will ruin any credit you have. It does help if you pay, only hurt if not paid.

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