Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Report
Profile Image

Question By
eagles8716

0 Contributions
0 People Helped
why would an outstanding payday loan not show up on my credit report?
received call from debt collector stating I had an outstanding payday loan debt and that legal action was being taken out against me.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
7825 Contributions
1508 People Helped

It could've been a scam, a lot of them these days. But if you actually had the loan and didn't pay it, it is possible to have collections that are not seen on your credit reports. If this was truly a legit debt collector they are most likely violating the FDCPA by threatening you with legal action as they probably are not going to take any. Read up on the FDCPA (fair debt collection practices act) an speak to a FDCPA lawfirm if you begin to be harassed. Keep all communication from the debt collector in the meantime and take photos of the caller id when they call, save all this stuff in case you need it to take legal action against THEM.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.