topic Re: Are there cards that don't report? in Credit Cards

Are there cards that don't report?

Swatch — Thu, 28 Oct 2021 06:16:41 GMT

I am curious. Are there personal cards that don't report to the major 4 bureaus (when you are in good standing)?

Re: Are there cards that don't report?

simplynoir — Thu, 28 Oct 2021 06:28:04 GMT

There used to be hidden tradelines that didn't report to your personal credit such as BML (Bill Me Later) that Paypal Credit is now I believe as an example, but as far as cards/credit that doesn't report I can't think of any since most - if not all - has been "unhidden" as it were

Re: Are there cards that don't report?

NRB525 — Thu, 28 Oct 2021 10:26:22 GMT

@Swatch wrote:
I am curious. Are there personal cards that don't report to the major 4 bureaus (when you are in good standing)?

EX, EQ, TU, and ... what is your fourth credit bureau?

Re: Are there cards that don't report?

Anonymous — Thu, 28 Oct 2021 14:01:12 GMT

PayPal credit used to not report until synchrony bought it. And I think there's only 3 bureaus.

Re: Are there cards that don't report?

Gmood1 — Thu, 28 Oct 2021 14:49:12 GMT

Only personal I can think of that still doesn't report, is a John Deere line of credit.

Re: Are there cards that don't report?

jim44 — Thu, 28 Oct 2021 14:59:36 GMT

@NRB525 wrote:
@Swatch wrote:
I am curious. Are there personal cards that don't report to the major 4 bureaus (when you are in good standing)?
EX, EQ, TU, and ... what is your fourth credit bureau?

Does Lexisnexis count as a credit bureau? Or are they just a bureau for background checks?

Re: Are there cards that don't report?

MrDisco99 — Thu, 28 Oct 2021 15:35:22 GMT

Chase and Amex business cards don't report to personal credit reports... unless there's delinquency.

Re: Are there cards that don't report?

FinStar — Thu, 28 Oct 2021 18:43:32 GMT

@Swatch wrote:
I am curious. Are there personal cards that don't report to the major 4 bureaus (when you are in good standing)?

There are still several retail or gas branded cards that do not report. CC products like John Deere, Tiffany's, Sinclair, etc. But as far as personal V/MC/D/AX cards, not AFAIK. There are some issuers that only report to 1 or 2 of the CRAs (vs all 3), but those are more of an outlier vs the norm.

Just curious, @Swatch, what's the 4th CRA you're referencing?

Re: Are there cards that don't report?

FinStar — Thu, 28 Oct 2021 18:45:18 GMT

@MrDisco99 wrote:
Chase and Amex business cards don't report to personal credit reports... unless there's delinquency.

OP was asking about personal cards in their op.

Re: Are there cards that don't report?

Gladius — Thu, 28 Oct 2021 19:51:28 GMT

I have been an AU on my wife's Lowes card for about 8 years and it has never showed on my CR. It's always in good standing (balance has been zero for a few years now).

Re: Are there cards that don't report?

Swatch — Fri, 29 Oct 2021 00:26:02 GMT

@NRB525 wrote:
EX, EQ, TU, and ... what is your fourth credit bureau?

According to banks.com, the fourth major one is Innovis. To me personally, Sage Stream seemed substantial because of Synchrony being pretty widespread and using them. Of course, Synchrony can be avoided by people with very good credit, but people who are rebuilding credit seem to get their store cards and then their credit cards.

Re: Are there cards that don't report?

practical1 — Fri, 29 Oct 2021 01:39:25 GMT

It actually might be worth getting your Sage Stream credit report. It's bizarre and looks for things that don't appear on the others -- like accounts with utility companies and the like.

I was denied credit cards a few years ago from US Bank because these guys reported too many utility companies -- never mind that I moved around to 3 different states for my employer (and had properly terminated leases). By their cockeyed metrics, that fact alone severely dinged their version of a "credit score." They should really be outlawed (along with this others....) or at the very least, forced to comply with the truth in lending laws which require disclosure by lenders when a CRA hard-pulls a consumer report, resulting in denial. Somehow, they manage to avoid doing this. They must be classified in a manner which allows evasion of this requirement.

Anyhow, you can find them on the web, either under Innovis or Sage Stream (forgot which is their current incarnation) and obtain your file. You can also ask them to lock your report; that would only affect the (hopefully) small number of lenders that surreptitiously use Sage Stream. I suspect Marcus/Goldman Sachs uses them, as I was denied credit several times, with the explanation that my TU account was locked -- it wasn't but Sage Stream's was.

Re: Are there cards that don't report?

MrDisco99 — Fri, 29 Oct 2021 02:00:49 GMT

@FinStar wrote:
@MrDisco99 wrote:
Chase and Amex business cards don't report to personal credit reports... unless there's delinquency.
OP was asking about personal cards in their op.

Yep... my bad.

Re: Are there cards that don't report?

NoMoreE46 — Fri, 29 Oct 2021 02:39:20 GMT

@practical1

Don't get me revved up about SageStream. They dinged me because my Atlanta area code cell phone didn't match my Florida home address. They suck.

@practical1 wrote:
It actually might be worth getting your Sage Stream credit report. It's bizarre and looks for things that don't appear on the others -- like accounts with utility companies and the like.

I was denied credit cards a few years ago from US Bank because these guys reported too many utility companies -- never mind that I moved around to 3 different states for my employer (and had properly terminated leases). By their cockeyed metrics, that fact alone severely dinged their version of a "credit score." They should really be outlawed (along with this others....) or at the very least, forced to comply with the truth in lending laws which require disclosure by lenders when a CRA hard-pulls a consumer report, resulting in denial. Somehow, they manage to avoid doing this. They must be classified in a manner which allows evasion of this requirement.

Anyhow, you can find them on the web, either under Innovis or Sage Stream (forgot which is their current incarnation) and obtain your file. You can also ask them to lock your report; that would only affect the (hopefully) small number of lenders that surreptitiously use Sage Stream. I suspect Marcus/Goldman Sachs uses them, as I was denied credit several times, with the explanation that my TU account was locked -- it wasn't but Sage Stream's was.

Re: Are there cards that don't report?

FinStar — Fri, 29 Oct 2021 02:50:17 GMT

Folks, let's not stray from the original discussion. The topic isn't about Innovis, SageStream or any other third party reporting agencies.

The topic of discussion is... Are there cards that don't report?

If you want to discuss items related to third party reporting agencies, there are active threads in the General Credit Topics section. Thank You.