2007-03-22 12:08:06 · 3 answers · asked by craig t 1 in Business & Finance ➔ Credit
You can get a notarized statement from the individual you borrowed from. In the statement that is written the lender will have to attest that you have paid the obligation in full and made on-time payments. You in turn have to send the statement to the credit bureaus. It will not show up as a current or open trade line, but will show a close account that has been paid as agreed. It can take forever for the credit bureaus to report it to your credit tho.
I have done this myself and know it can work this way.
2007-03-22 12:36:05 · answer #1 · answered by Anonymous · 0⤊ 1⤋
No, whoever you are making payments to has to be a reporting member of the credit bureau to report a payment history.
2007-03-22 19:23:07 · answer #2 · answered by Brian G 6 · 1⤊ 0⤋
foggy is correct. It can be done and she told you the correct way to go about it. It can take anywhere from 30-90 days before it shows up.
2007-03-22 20:58:42 · answer #3 · answered by ? 7 · 0⤊ 0⤋