How will my charged off loan be reported to the credit bureaus?
Please be aware that OppLoans is a data furnisher, meaning that we supply information to the credit bureaus. That information is then used by the bureaus in order to calculate a credit score based on their criteria. Every consumer has a different mix of credit history and accounts. Therefore, we encourage you to contact the credit bureaus, TransUnion, Equifax, and Experian, directly to discuss how the information in your credit report may impact your credit score.