Consolidate my pay day loans will it affect my credit?
I’m in over my head in pay day loans and Yes! I do know it’s a bad thing. Problem is I need help and I am looking to consolidate my bills and roll them into it.
I know the bills on my credit will affect my credit, but will my pay day loans show up? Do you recommend any pay day loan consolidation companies?
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June 22nd, 2009 at 9:35 pm
You payday loans probably are not showing on your credit file. You can get a copy of your credit report and check (AnnualCreditReport.com).
However, if you had to resort to payday loans to begin with, you are probably going to have trouble finding a lender to give you a loan big enough to pay off those loans. The interest will be high but no where near as bad as that 600% range of payday loans.