How does MoneyLion report loan payments to the credit bureaus?

MoneyLion reports your previous month’s loan payments to the three major credit bureaus (TransUnion, Experian, and Equifax) the following month. For example, January’s loan payments would be reported in February, February’s loan payments would be reported in March, etc.

We report on time, late, and missed loan payments. This could have a positive or negative impact on your credit score depending on your individual loan payment history. Once reported, the individual credit bureaus decide on how to reflect your loan payment information as part of your credit report and score.

Please note we only report loan payments. We do not report membership payments.
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