Understand how pay day loans are noted on your credit file and just how they could influence your credit history.
Updated Mar 30, 2020
Similar to types of credit, using for a loan that is payday have an effect on the credit rating. Any application for a financial loan (whether denied or approved) and information including simply how much you lent, repayments and any defaults are noted on your credit file. This guide contains answers to commonly expected questions regarding payday loans as well as the effect they could have on your own credit history. Continue reading