Will CashNetUSA Show Up on My Credit Score?

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Will CashNetUSA Show Up on My Credit Score?
Are you considering taking out a loan with CashNetUSA? If so, you may have wondered whether CashNetUSA will show up on your credit score!

Below we have compiled a list of some of the most popular questions about CashNetUSA loans and your credit score.

Question: If I apply for a CashNetUSA loan, get approved, take out the loan or pay it off — does it show up on my FICO® score?

Answer: CashNetUSA does not show up on a FICO credit score, regardless of whether you are approved or declined. CashNetUSA does verify your information via various national databases, including, but not limited to, Clarity. An entry CashNetUSA may appear in these databases.

Question: If I take out a payday loan from CashNetUSA, will an inquiry appear in my credit file at a credit reference agency (CRA)?

Answer: If you are approved and take out a loan of any kind with CashNetUSA, an inquiry will appear in the records of any CRA from which we obtain information. However, no inquiries will appear in your credit file at the three national credit bureaus.

Question: Will CashNetUSA run my credit report?

Answer: CashNetUSA does not perform traditional credit checks as part of its credit transaction approval process, but we do verify applicant information via national databases including, but not limited to, Clarity. If you have defaulted on past transactions, you may be declined for a loan from CashNetUSA.

Question: Do you report my loans or transactions back to credit bureaus?

Answer: CashNetUSA does not report any loan or transaction information to the three national credit bureaus.

If you have more questions about CashNetUSA and our products, feel free to call 888.801.9075 or visit www.cashnetusa.com to chat live with an online representative!

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About 

Jordhan Briggs is a content writer and copywriter at Enova International, Inc. dedicated to providing the most informative and useful content about living a rewarding life on a budget. Find out more about her on Google+.

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