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What Happens If You Miss a Payment on Your Installment Loan? | #emergency loan in british columbia

What Happens If You Miss a Payment on Your Installment Loan?

What Happens If You Miss a Payment on Your Installment Loan?

Lenders typically report payment history to credit bureaus. If your payment is more than 30 days late, it may be reported as a missed payment, which can negatively impact your credit score.