When does MoneyLion report to the credit bureaus?

We report once a month to the three major credit bureaus.  Our reporting is a summary of the activity in your Credit Builder Plus account for the prior month. 


For example, if the start date on your loan is mid-January, we report your account-opening to the credit bureaus in the month of February. If you make your first monthly payment in February, this payment will be reported to the bureaus in March.


Our monthly reporting includes your account balance as of the last day of the month, your account status (open or closed) and your payment history on the loan.  


It is important to note that it may take a few weeks after we send the report for the credit bureaus to update your credit report. It may take even longer to appear on other credit monitoring sites. If you have made a final payment on your loan or additional payments throughout the month, it is important to note these will not be reflected on your report right away.  It can take up to a month and a half to be reflected in your report.  For example:

  • Loan payment made June 15th
  • MoneyLion reports this payment to the credit Bureaus sometime in the first half of July 
  • The bureaus will reflect the payment by July 31st
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