CC Not Reporting on Experian

[Mn_Vikes]

Heading says it all.

I just pulled my annual free credit report from Experian and it has my only open acct as my mortgage.  It should also have my one CC that has been open and in good standing for over 10 years.   Do the CCC's not have to report to all three CRA's? 

[Anonymous]

They do not have to report to all 3 CRA's. Most but not all do. I have a 18 yr old Dillard's that only shows on one report. Still has the original $200 cl. But I have not used it since I applied to make that first purchase. It is even still reports as open. If I called for another card though they would probably tell me account is closed though.

[Mn_Vikes]

great,  what kind of impact would no revolving card on a CRA have on the score?   It gets pretty frustrating that consumers are supposed to do all the work, pay the bills and that there is not specific guidelines for anyone else who impacts your credit score to follow. 

How much money are consumers supposed to spend pulling reports, scores, and monitoring the CRA's CCC's and everyone else who can arbitrarily make choices to affect us.

I want to add a 2nd CC, but i want one that will show on all three CRA's,  does AMEX Blue Cash?

[Anonymous]

Having no cc report on a cra will likely lower your score due to your credit mix. You can ask your ccc to report to all 3 cra's. Who is the card with?  Most major ccc's report to all 3 cra's.

[Mn_Vikes]

The CC is through my Credit Union.   Is there a cost savings for them not reporting to all three?  The more i learn about credit reporting the more i think that the whole system is messed up.  There just seems to be so much manipulation and lets face it, lenders benifit if we have lower scores so they can justify charging higher rates.

[Anonymous]

They may save some money by only reporting to one cra. Call and ask them to report to all 3. Explain that you are trying to build your credit file and them only reporting to 1 cra is making that hard for you to do.

Also before you apply for another cc, look and see how they are likely to pull and only apply for those that are likely to use the cra that shows all your accounts reporting. Try Hooters or Cap 1.