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2 yr old car loan not reporting..should I add it??

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Anonymous
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2 yr old car loan not reporting..should I add it??

Ok..here is a good question that i have no idea the answser.

We have a GOOD car loan that is 2 yrs old and has never been late. It is only reporting to 2 bureaus & NOT reporting to TU.

Will having the lender report it to TU do me more harm or good? Hoping the good account would help? however, will it drop b/c of a new account?

Hopefully it won't be technially "new" since I have had the acct for 2 yrs w/good payment history??


TU is my lowest score now...but as you know it seems to be changing by the hour Smiley Sad

I would appreciate any help you can provide! I am so thankful I have found this board. You have already helped me soooo much in the past few days!
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CreditBob
Established Contributor

Re: 2 yr old car loan not reporting..should I add it??

Having the lender report to the third credit bureau would help your score. Keep in mind that not all creditors report to all three credit bureaus.
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