If I'm making loan payments to an individual, how can that person report timely payments so that they end up on my official credit record?
2006-10-10 15:10:27 · 6 answers · asked by Erin 1 in Business & Finance ➔ Credit
PERSONAL LOANS UGH KEEP A RECORD AS PROOF BUT MAY NOT CUT THE FINANCIAL CREDIT REPORT
2006-10-10 15:13:41 · answer #1 · answered by Penney S 6 · 0⤊ 0⤋
I don't think there is a way for an individual to report your payment history to them through the credit bureau. You could try contacting one of the three credit bureau's. Equifax, Experian or TransUnion.
2006-10-10 15:16:16 · answer #2 · answered by LaLa 78 2 · 0⤊ 0⤋
credit rankings are weird and wonderful calculations. They do think bearing directly to the quantity of credit which you have available no remember in case you employ it or no longer. the less credit playing cards which you very own, the extra useful your credit would be. additionally in case you do no longer plan to apply a credit card which you very own, ask the employer to close the account. Having the provision to apply the credit card will impact your credit as properly.
2016-12-08 12:33:39 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Unless they have multiple accounts they can not report information to a credit bureau. This is to prevent people from fradulently reporting good information.
2006-10-10 15:18:32 · answer #4 · answered by VATreasures 6 · 0⤊ 0⤋
credit report does not report this type of payment, for many logical reasons....ex: OK I borrowed one million dollars from uncle dave and paid it back... I want good credit now! report it! see what i mean.?
2006-10-13 09:03:03 · answer #5 · answered by Anonymous · 0⤊ 0⤋
It doesn't work that way.
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2006-10-10 16:13:01 · answer #6 · answered by bijan a 2 · 0⤊ 0⤋