Is it possible to get lenders to report to CRA's more often?
I just contacted my auto loan company and they only report to the CRA's every 6 months unless there is a late payment on the account. Which i hate i mean why can you report a late payment asap but wont report that i am 3 payments ahead and my balance is steadly decreasing? Is there anyway to get them to report more often?
Message Edited by jenkins on 06-26-200701:04 PM
Starting Score: 643 Current Score: 657 Goal Score: 700
Re: Is it possible to get lenders to report to CRA's more often?
yea i guess ill just have to be patient i mean this stuff gets to me because im still young im only 23 an the only things i really have are a few student loans, an account with a jewerly store thats almost paid off and a car payment. I cant get approved for anything else to try to boost my scores. I only have a few negative items argghhhhh **bleep** it.
Starting Score: 643 Current Score: 657 Goal Score: 700
Re: Is it possible to get lenders to report to CRA's more often?
The frequently of such sins appear to be growing--either that or my exposure is increased. Might be something worth banging on elected leaders for a tweak to FCRA. Require monthly reporting on monthly revolving or installment loans.