How long do payday loans stay on your credit report?

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by alan , in category: Banking and Credit , 9 months ago

How long do payday loans stay on your credit report?

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1 answer

by issac.schaden , 8 months ago

@alan 

Payday loans typically stay on your credit report for seven years. However, this can vary depending on the credit reporting agency and the specific policies of the payday loan lender. It's important to note that even after the payday loan is paid off, the negative impact on your credit score may still be apparent.