We live in a small town with a small locally owned bank.
In the last 15 years-we have borrowed money to purchase 3 homes, numerous vehicles, personal loans. Every payment on time or before-never late. Our banker offered to talk to or write a letter giving a reference on good credit at this bank.
Our problem-we have "0" score
I need to know-who-- or what company we can call and talk to about getting a credit score from our past history at this bank.
Others have said there is such a place and they charge a small fee to have this done, please advise.
thank you
2007-09-20 09:50:00 · 5 answers · asked by this is my name 1 in Business & Finance ➔ Credit
I have called FTC
the banker himself has to call the 3 credit score companies Equifax-Experian-TransUnion
himself and verbally give us a reference
2007-09-20 10:40:56 · update #1
I would have to agree with bdancer222.
This always makes me mad. I see the same thing every month, people will come in and want to buy a car and when we pull their credit they have no score but they tell us that they have perfect credit at their local bank.
The small local banks do this so you can not go anywhere else and get a loan. It should not be legal but until someone in our Congress has the nerve to sponsor a bill making it mandatory to report any loan over $1,500.00 financed 12-months or longer nothing will change.
2007-09-20 11:19:36 · answer #1 · answered by ? 7 · 0⤊ 0⤋
It's up to the business to determine whether or not they will submit your info -- American Express for example only submits your debt balance on your card and not the credit limit! There's really no way you could force them to, but you could have them give you records of your payments and ask the companies yourself Experian, Equifax etc; this is their contact info from the ftc link listed by a previous person:
Equifax-800-685-1111
Experian-888-EXPERIAN (888-397-3742)
TransUnion-800-916-8800
Did you check your score with myfico? They may have a record of something that you're not seeing. It's not possible to have a credit score of 0. I believe you start off in the middle like 500 or something.
Good luck! I hope I was able to help, if even a little =)
2007-09-21 02:48:04 · answer #2 · answered by Millionster 3 · 0⤊ 0⤋
Follow the instructions under "Adding Accounts to Your File": http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre21.shtm
The credit bureaus do charge a fee.
2007-09-20 16:55:40 · answer #3 · answered by bdancer222 7 · 0⤊ 0⤋
I dont think that this is possible. You are going to have to start small and work your way up.
2007-09-20 16:54:13 · answer #4 · answered by xoxocrystalxoxo2003 2 · 0⤊ 1⤋
What are you trying to do?
2007-09-20 16:54:24 · answer #5 · answered by Anonymous · 0⤊ 1⤋