Just How Do Payday Loans Affect Your Credit Rating? What is a quick payday loan?

Just How Do Payday Loans Affect Your Credit Rating? What is a quick payday loan?

By Lindsay Frankel

It’s important to understand how your credit score will be affected, as any change will impact future financial decisions if you need to borrow money . You may have difficulty getting a loan for a large purchase, and you’ll end up paying higher interest rates if you have bad credit. You’ll additionally likely have greater insurance costs, and you might have renting that is difficult apartment or getting a task. (más…)