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Presently I have a credit score of 280 as of numerous applications for credit over the last few months. Currently I owe $300 in payday loans that i will repay the day I receive my paycheck. Before this I’ve already paid off $400 of payday cash advance.

Can this help improve my credit score? Thanks in advance!

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Improvement of credit score chiefly depends on how you you manage of your debts. If you repay your payday loans fast, it'll definitely help your score.

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Try to stay away from these fast cash advances as they will ruin your financial life. However, repaying any debt will improve your credit rating.


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Last Updated on: Fri, 8 Jun 2018