Established Contributor
Posts: 747
Registered: ‎10-25-2011
PRA showing as OC?? Quick input needed.

On my credit reports its showing PRA as OC. Is this something that needs to be or should be corrected? Thoughts anybody?

I'm a personal banker and do a lot of auto loans serving the Houston area.
I suggest first time car buyers to read the sticky guide in the auto loan section.
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Posts: 13,672
Registered: ‎04-15-2011
Re: PRA showing as OC?? Quick input needed.

It depends on several things.  First off, where did you get your report from?  Some aren't quite as reliable as others and don't truly reflect the information on your CR.  Are they reporting as a factoring company?  This is a tactic they use to show themselves as an OC and give them some of the OC's reporting abilities.  It's not wrong in itself, but can be depending on they do with the reporting.

Starting Score: 504

July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
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Current scores after adding $81K in CLs and 2 new cars since July 2013
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