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Will Margin Account show on Credit Report?

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ADARPegasus
Established Contributor

Will Margin Account show on Credit Report?

i applied for a margin account through Fidelity and i was approved but i noticed they pulled my credit. So does Margin accounts show up on your credit report? and if they do show up on your credit what does it pop up under? revolving? installment? anyone know?

Transunion - 788 05/16
Experian - 745 05/16
Equifax - 740 05/16
Message 1 of 4
3 REPLIES 3
cashnocredit
Valued Contributor

Re: Will Margin Account show on Credit Report?

I recently moved to a new brokerage house, Schwab, and did the first short I've done in, like, 20 years. No Inq and no TL reporting. YMMV.


I have reestablished credit over the last couple years
so my moniker is, well, rather out of date.

WM Discover $1800, WF Plat 12k, Chase Freedom Siggy18k, Amex Plat (60k H/B), Citi AA EWMC 25k
Message 2 of 4
llecs
Moderator Emeritus

Re: Will Margin Account show on Credit Report?

I had a margin acct via ETrade with no TL reporting. I didn't track inquiries at the time though. Many brokerage firms will pull your credit when you open a new account, but they won't report.

Message 3 of 4
GregB
Valued Contributor

Re: Will Margin Account show on Credit Report?

I have a margin account with Schwab and 2 other brokerages. None show on CRs.

Message 4 of 4
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