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Late Payments Hurt Your Credit Score.
State laws and regulations may be applicable to your payday loan. If you do not pay your loan according to its terms, your lender may: charge you late fees, send your account to a collection agency, report your information to a consumer reporting agency which may negatively affect your credit score, offer to renew, extend or refinance your loan, which may cause you to incur additional fees, charges and interest.
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Please be aware that missing a payment or making a late payment can negatively small personal loans charleston sc your credit score. To protect yourself and your credit history, make sure you only accept loan terms that you can afford to repay.
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