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Established Member
Posts: 12
Registered: ‎05-08-2007
0

Will reporting changes help score?

Quick question...One of the three agencies is not reporting any information regarding balance or limit on two paid installment loans. Will changing that increase my score?

My thoughts are... if there's no balance and limit reported than no utilization can be calculated. Or, does one agency reporting it cover the whole issue?

Thanks in advance...
Moderator Emeritus
Posts: 6,182
Registered: ‎03-29-2007
0

Re: Will reporting changes help score?

Util is more important on revolving accounts. So while updating the balances may help, don't expect a drastic increase.
Established Member
Posts: 12
Registered: ‎05-08-2007
0

Re: Will reporting changes help score?

Thanks....

Every point counts so I'll give it a try. I'm meant to contact the individual creditors and ask them to report the balances and limits to TU and Ex?! Not the actual agencies, correct?

Thanks for all answers.
Moderator Emeritus
Posts: 6,182
Registered: ‎03-29-2007
0

Re: Will reporting changes help score?



velo90 wrote:
Thanks....

Every point counts so I'll give it a try. I'm meant to contact the individual creditors and ask them to report the balances and limits to TU and Ex?! Not the actual agencies, correct?

Thanks for all answers.


Correct
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