A payday loan usually does not show up on the credit records of Trans Union, Experian, and Equifax, three of the major credit reporting agencies. However, it is possible that special credit reporting agencies may collect your payday loan history, and the lenders may consider this when you apply...

A credit report won’t show whether your loan request was approved or denied. However, whenever you request for a loan, an inquiry does appear on your credit report. This can slightly impact your credit score, regardless of...

Your credit score follows you around wherever you go. It is affected every time you borrow, which includes when you use payday loans. Some people avoid payday loans for various reasons, as they fear that it may have adverse effects on their credit score. However, you can relax, because these

Nearly one in every 10 US adults don’t have a credit history with any nationwide...

Everything financial seems to depend on your credit score. If you’ve been observing your credit score closely and detected that it abruptly took a drop, it could be due to numerous factors. You should realize what is causing your credit score to change and what...

Let’s confront it, credit scores can be a riddle due to the overwhelming misinformation out there. While it is essential to have good credit, it isn't wise to trust everything you hear on what harms or improves your credit scores. Misguided by the myths, one...