cancel
Showing results for 
Search instead for 
Did you mean: 

Is it possible to get lenders to report to CRA's more often?

Frequent Contributor

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 06-26-2007 01:04 PM

Starting Score: 643
Current Score: 657
Goal Score: 700


Take the FICO Fitness Challenge
Message 1 of 14
13 REPLIES
Moderator Emeritus

Re: Is it possible to get lenders to report to CRA's more often?

What an idiotic policy. Not much you can do though. Technically, they are not obligated to report at all.
Message 2 of 14
Established Contributor

Re: Is it possible to get lenders to report to CRA's more often?

yeah...I remember the days whe Mortgage co did not report ...unltil you defaulted
9/18/08 TU=707 EQ=706 EX=702
Message 3 of 14
Frequent Contributor

Re: Is it possible to get lenders to report to CRA's more often?

this sucks well every 6 months is better than not at all

Starting Score: 643
Current Score: 657
Goal Score: 700


Take the FICO Fitness Challenge
Message 4 of 14
Senior Contributor

Re: Is it possible to get lenders to report to CRA's more often?

I wonder if you can dispute unreported payments by sending in statements.
If we never set higher goals we would never get as far.
sol, credit 101, acr, abbreviations, calc
Message 5 of 14
Super Contributor

Re: Is it possible to get lenders to report to CRA's more often?

Patience is a virtue  Smiley Happy
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Message 6 of 14
Moderator Emeritus

Re: Is it possible to get lenders to report to CRA's more often?



ilovepizza wrote:
I wonder if you can dispute unreported payments by sending in statements.


Bad idea. There is a good chance the CRA would delete the entire TL.
Message 7 of 14
Frequent Contributor

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


Take the FICO Fitness Challenge
Message 8 of 14
Member

Re: Is it possible to get lenders to report to CRA's more often?

which auto company is this?  i need to put them on my "do not disturb list"
Message 9 of 14
Senior Contributor

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.
Message 10 of 14