Regular Contributor
scarzy
Posts: 128
Registered: ‎04-08-2008
NAVCHEK reporting as under installment loan??

I was looking at my Experian's credit report, and it's categorized under "installment loan", not revolving.

Is that good or bad? I already have their secured loan, so I really don't need 2 installment loans reporting.

I thought I read that it was reported as revolving? Should I dispute this??

 

Also, it's not reporting at the other 2 credit bureaus. When will that happen??

 

Thanks!

starting EQ FICO : 526 current EQ FICO : 602 current TU FICO : 538

My wallet: Capital One cash rewards $500- ~ NFCU cash rewards $1,000- ~ NFCU nRewards $500- ~ NFCU LOC $1,000- ~ Target $200- ~ Kohl's $300- ~ Walmart $800- ~


Discharged Ch7 Nov.16, 2012


Established Contributor
kevinjjc
Posts: 874
Registered: ‎01-14-2009
Re: NAVCHEK reporting as under installment loan??

Mine reports as revolving on all 3. I wish mine reported as installment! :smileyhappy:  It will probably fix itself when it updates on your reports again.