Yes! Your Prodigy Finance loan payments can be used by US residents to build credit. We’ll report the full transaction history from the start of your Prodigy Finance loan repayments to Experian so that you have access to a wider range of financial products. A strong credit history will help you get a credit card, secure great housing and more.
Payments made on Prodigy Finance loans will count towards your individual credit score. It's important to remember, if you pay your loan on time you will likely develop a good credit score. But if you miss a payment, pay late, or pay a lower amount than the amount due, it's likely that this will have a negative impact on your credit score.