 TITLE: How to Avoid Payday Loans CONTENT: How Does a Payday Loan Affect Your Credit?\n------------------------------------------\nPayday loan companies don't typically check your credit or report to the credit bureaus, so if you take out a payday loan and pay it back as agreed, you may see no change to your credit scores.\nHowever, if you're unable to abide by the loan's terms and stop repaying your loan, the lender may turn over your account to a collection agency, and that account will likely appear on your credit report and have a negative impact on your credit scores. END