Auto finance CB reporting ?

[CreditDrama85]

when you lease a car, which should be listed as the high/credit...most spent?

-purchase price/value?

OR

-the dollar amount of your payments (X) the number of months?

i have seen it reported in both fashions and was wondering which is correct.

reporting a high/credit of $25000 for a $45000 car just doesnt seem right. does it depend on the lender or what?

Message Edited by CreditDrama85 on 01-16-2008 03:07 PM

Message Edited by CreditDrama85 on 01-16-2008 03:09 PM

[CreditDrama85]

Come on, doesnt anyone know the answer to this?

[Anonymous]

On mine it showed total of payments,not purchase price.Mine were through Chase and Suntrust.

[MidnightVoice]

Mine shows balance and monthly payments