KiMbErLeE asked:


I’m in over my head in payday loans and Yes! I do know it’s a bad thing, problem is I need help and 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 payday loans show up? Do you recommend any companies?

Caffeinated Content

2 Responses to “If I consolidate my payday loans will it affect my credit?”

1. Create a video blog...instantly. on May 26th, 2008 3:26 pm

   Caffeinated Content

   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.

2. Website content on May 27th, 2008 5:43 am

   Caffeinated Content for WordPress

   No, payday loans will not go on your credit. However, failure to repay a short term, high interest loan acn affect your ability to get a loan in the future.

   You can read more about the ins and outs of the payday loan industry at

Leave a Reply

Name (required)

Email Address(required)

Website