Does a Title Loan Affect the Credit Ratings? A title loan won’t have any impact on your credit scores in most cases.
Which can be bad and good. To begin with, title lenders that are most never run a credit check whenever you use. That check, referred to as an inquiry that is hard typically knocks five points or less down your credit rating.
In the flip side, name loan providers do not report your repayments to your credit reporting agencies, this means a name loan will not assist your fico scores either.