Does MoneyLion Report to Credit Bureaus?

Yes, MoneyLion reports your payment activity to the three major credit bureaus - TransUnion, Equifax and Experian - generally once a month after the transaction posts; the data includes on‑time loan repayments, credit‑builder contributions and any missed or late payments, so punctual activity can lift your score while delinquencies can drag it down,

and because the bureaus receive updates each month, the first impact typically shows within 30‑45 days, which we'll cover in the next section.

MoneyLion sends your payment activity to all three major credit bureaus.

• Equifax - receives monthly updates on MoneyLion credit‑builder payments and loan activity.
• Experian - gets the same regular reports of on‑time payments and balances.
• TransUnion - records your MoneyLion payment history each month, including any late‑payment marks after 90 days.

For full details see MoneyLion's credit‑builder reporting policy.

MoneyLion's first credit‑bureau report usually shows up 30‑45 days after you open the account and make your first on‑time payment. The platform batches payment activity and sends it to TransUnion, Equifax and Experian once each month, so the initial data hit often aligns with that reporting window.

Because the bureaus update their files on a monthly cycle, the first report may appear a few weeks later if your opening payment lands near the end of a reporting period. Missed or late payments delay the positive entry, while a clean first payment triggers the earliest possible credit‑score impact. For more detail on MoneyLion's reporting schedule, see MoneyLion's credit‑reporting FAQ.

On‑time MoneyLion payments can raise the scores that TransUnion and Equifax calculate.

1. Pay every scheduled instalment before the due date; each on‑time payment triggers a positive 'installment' report that the bureaus add to your credit file.
2. Keep the payment amount consistent; regular, predictable amounts help the bureaus view your account as stable, which often nudges the score upward.
3. Use the auto‑pay feature if you have irregular income; it guarantees the payment hits on time and prevents accidental late marks.
4. Monitor your statements for any missed or partial payments; even a single late entry can offset earlier positive reports.
5. Review your credit reports after each monthly cycle; confirm that TransUnion and Equifax logged the payment, and dispute any omission promptly.

MoneyLion Builder sends positive payment activity to TransUnion, Equifax and Experian once you satisfy its reporting thresholds.

• Make each monthly payment on time and cover at least the minimum amount (usually $50)
• Keep the Builder balance below the credit limit (often 30 % or less)
• Maintain two consecutive months of on‑time payments before the first report is generated
• Avoid any recent delinquencies, charge‑offs or collections on the account
• Keep the Builder account open; closing it stops future reports

For full details, see MoneyLion Builder reporting details.

A late MoneyLion payment can lower your credit score because the negative payment activity is reported to TransUnion, Equifax, and Experian. When you miss a due date, MoneyLion flags the account as 30 days past due (or worse) and sends the update during its monthly reporting cycle; the bureaus then record a delinquent line that typically drops scores by 30‑100 points, especially for thin files.

However, the damage is often short‑lived if you quickly bring the account current. One isolated late payment usually hurts less than repeated delinquencies, and on‑time payments in subsequent months signal improved behavior, which can restore the score within six to twelve months. Maintaining a clean payment history after the lapse lets the negative mark fade from your credit profile sooner rather than later.

Closing a MoneyLion account usually halts any new payment activity from being sent to the three major bureaus - TransUnion, Equifax and Experian - but it does not erase the reports already on your file; those entries can linger for up to seven years.

If you close the account with a clean payment history, the positive data remains in your credit file and can continue to boost your score, while any future missed payments cannot be reported because the account no longer exists. MoneyLion's help center explains the process.

Reddit users confirm that MoneyLion's on‑time payments can trigger modest credit‑score lifts.

• Loan repayment boost - u/ScoreSeeker posted that after making three consecutive $50 loan payments, MoneyLion reported the activity to TransUnion, and his FICO rose about 12 points within a month.
• Savings‑account tradeline - u/EquifaxEnthusiast shared that MoneyLion's high‑yield savings account appeared as a positive tradeline on Equifax, adding roughly 8 points after two reporting cycles.
• Credit Builder progression - u/BuilderBabe noted that after enrolling in MoneyLion's Credit Builder and paying the $25 monthly fee on schedule for three months, the account showed up on Experian, and her score climbed 10‑15 points.

These threads highlight that score improvements depend on timely payment activity, the specific bureau's monthly reporting window, and the user's existing credit profile. The next section explores the rare pitfalls that can offset those gains.

Here are five rare MoneyLion credit pitfalls you should watch out for:

• Upgrading your credit line can trigger a hard inquiry; many users assume it's soft and are surprised when their score dips briefly on TransUnion, Equifax, or Experian.
• A small overdraft on a MoneyLion cash advance may be reported as a delinquency if you don't correct it before the monthly reporting cycle closes.
• Joining MoneyLion Builder but failing to meet the on‑time payment threshold can pause positive payment activity reports, creating a gap that looks like inactivity to the bureaus.
• Closing your MoneyLion account before the next reporting deadline stops all updates, effectively erasing recent positive payment history from the credit files.
• Relying on the auto‑pay toggle without confirming the funding source can cause a 'late' status to be reported, even if you settle the balance later that month.

(Proceed to the next section to learn how to check your credit now for MoneyLion.)

MoneyLion's payment activity appears on your credit report as soon as you request your score, so you can see it instantly in the app or through any bureau's portal.

1. Open the MoneyLion app, tap Credit Score on the dashboard, and select View Credit Report. The screen shows your current score and highlights any MoneyLion payment activity that has been reported.
2. If you prefer a bureau's view, log in to TransUnion's online portal, Equifax or Experian. Navigate to the 'Recent Activity' tab; MoneyLion entries appear under the lender name once the monthly report cycle is complete.
3. To verify the timing, remember that MoneyLion submits payment updates roughly 30 days after the end of each billing cycle. If you made a payment on the 5th, expect the report to show up in the bureau's system by the 30th of that month.
4. For continuous monitoring, enable MoneyLion's Credit Tracker feature. It sends push alerts whenever a new MoneyLion report is added, letting you track changes without repeatedly logging into each bureau.

These steps let you check your credit now and confirm that MoneyLion's activity is being reflected accurately.