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Whenever Unpaid Loans Head to Collections

Whenever Unpaid Loans Head to Collections

There’s an added way that is common payday loan can adversely influence your credit

The lender can choose to send your debt to collections if you don’t pay your loan back in a timely manner. At this time, the collection agency can report this unpaid financial obligation towards the national credit reporting agencies, thus adversely inside your credit history. (more…)

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