Question about "Not Reporting" to CRA's

[Anonymous]

I don't understand exactly what it means when people say that such-and-such credit card (like CreditOne) doesn't report if there is a zero balance. Does this mean that they don't provide any data to the CRA for that particular month? Wouldn't they still report "pays as agreed," or is that a term that the CRA adds to the report? 

[takeshi74]

Doesn't report means doesn't send data to the CRA.  If there creditor doesn't report then no data is sent.

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@Anonymous wrote:

Wouldn't they still report "pays as agreed," or is that a term that the CRA adds to the report? 

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Nope.  The creditor has to report that.  The CRA can't assume that and manufacture data.

[Anonymous]

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@takeshi74 wrote:

Doesn't report means doesn't send data to the CRA.  If there creditor doesn't report then no data is sent.

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@Anonymous wrote:

Wouldn't they still report "pays as agreed," or is that a term that the CRA adds to the report? 

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Nope.  The creditor has to report that.  The CRA can't assume that and manufacture data.

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Thanks for the reply! I appreciate it.