Your bad payment history on illegal, high-interest, payday loans should not be on your credit report. Caddell & Chapman recently filed a class action lawsuit about TransUnion credit reports that include the payment history on void, high-interest loans from internet or “rent-a-tribe” payday lenders, specifically Great Plains and Plain Green. Caddell & Chapman is still investigating several other potential matters involving payday lenders.
These “payday” loans from internet-based lenders customarily charge usurious interest at an