I recently got my car insurance in my own name. Once I start making on time payments will the credit bureaus see that as an account in good standing with on time payments and ulitmately raise my credit score?
2007-08-01 04:14:09 · 8 answers · asked by Jansen Y 2 in Business & Finance ➔ Credit
Nope. As a general rule, car insurance companies don't normally report to the credit bureaus. (Like utilities and rent payments). It will have no effect on your score.
2007-08-01 04:26:15 · answer #1 · answered by YSIC 7 · 0⤊ 0⤋
You can get quotes in just a few minutes at - SALESQUOTES.INFO-
RE Will making on time car insurance payments electronically help my credit?
I recently got my car insurance in my own name. Once I start making on time payments will the credit bureaus see that as an account in good standing with on time payments and ulitmately raise my credit score?
2014-09-09 14:55:57 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I suggest one to try this site where you can compare rates from the best companies: http://HELP-INSURE.NET/index.html?src=2YAeydzuOZ18
RE :Will making on time car insurance payments electronically help my credit?
I recently got my car insurance in my own name. Once I start making on time payments will the credit bureaus see that as an account in good standing with on time payments and ulitmately raise my credit score?
Follow 7 answers
2016-08-27 14:46:38 · answer #3 · answered by Lynn 6 · 0⤊ 0⤋
Insurance payments will not help or hurt your credit unless you default and they report you to the credit agencies. Insurance payments do not show up on your credit report.
2007-08-01 04:23:49 · answer #4 · answered by Don 5 · 0⤊ 0⤋
It wont help you, they only report to the credit agencies if you default or are late.
2007-08-01 04:27:34 · answer #5 · answered by Michael F 4 · 0⤊ 0⤋
Compare insuran ce quotes
2015-01-04 22:25:01 · answer #6 · answered by Anonymous · 0⤊ 0⤋
paying any bills on time will help your credit.
2007-08-01 04:23:21 · answer #7 · answered by Leonard L 2 · 0⤊ 0⤋
Let this site do the work for you: COVERAGE-FINDER.NET just submit your info and get the best rates.
2014-06-12 06:28:25 · answer #8 · answered by Anonymous · 2⤊ 0⤋