The technical term for adding companies to your credit report is call "adding tradelines." The best to add tradelines is to contact your creditor and request that your payment history be added to your credit report. Now there has been problems with this strategy in recent months because of the "authorize user system that added tradlines to individuals credit report that caused problems in the subprime mortgage market. The credit score system made adjustment to this strategy. An authorize user on your credit card will no long benefit from your good credit history. However, if you have a legitimate account that you are paying each month, promptly on time, why not have them added to your credit report. Usually companies are members of the credit bureau and are able to add reports automatically but if not, write them and all 3 credit bureaus along with the account information, company's name address, account number…requesting that your payment history be added. If a letter goes to both the creditor and credit bureau there is a chance that it will be added. There is a form that is used by the credit bureaus to add companies and this must be completed. It is not guaranteed that the items will be added to your account but it is well worth the try. The creditor must be willing to add your payment history and many don't have time to complete forms. I think that there is a sample letter in Phil Turner's Book called the Credit Bible regarding this matter. If not they will write a letter for you that can used.
Yes, it does show up on that persons credit report. If you are late on payments, it will negatively impact his/her credit report.
Keep in mind that a bankruptcy will affect your credit score. What you must do now is add good credit e.g. secure credit cards and maybe a secure loan will increase your credit score within 2 years. Your credit scrore primarily judge consumers on what they have done within the last two years. If you add good credit, your score will increase.
You wait seven years from the date of the last payment. There is no other way to have it removed. Your credit report is a record of your past credit, your credit history. It will also show that you satisfied the debt, and you can add an explanation at the bottom of your report.
Your landlord would have to report payments to the credit bureau.
Your payment history is the most important feature for your credit report. If you have a $500 credit card, this is one that may be a "gotcha" card that will charge you for exceeding the credit limit, may add charges exceeding that limit and so on, leading you into a vicious cycle. Only charge what you can pay off entirely at the end of the month.
Yes, it does show up on that persons credit report. If you are late on payments, it will negatively impact his/her credit report.
No.
The technical term for adding companies to your credit report is call "adding tradelines." The best to add tradelines is to contact your creditor and request that your payment history be added to your credit report. Now there has been problems with this strategy in recent months because of the "authorize user system that added tradlines to individuals credit report that caused problems in the subprime mortgage market. The credit score system made adjustment to this strategy. An authorized user on your credit card will no long benefit from your good credit history. However, if you have a legitimate account that you are paying each month, promptly on time, why not have them added to your credit report. Usually companies are members of the credit bureau and are able to add reports automatically but if not, write them and all 3 credit bureaus along with the account information, company's name address, account number…requesting that your payment history be added. If a letter goes to both the creditor and credit bureau there is a chance that it will be added. CPN headquarters sells an e-book which they claim gives information about how trade lines are added.
form_title= Free Credit Report form_header= Learn your credit score. Have you received a credit report yet this year?*= () Yes () No Do you want to add ongoing monitoring?*= () Yes () No What credit reporting agency do you prefer?*= _ [50]
In the US, a bankruptcy will remain on your credit history for seven years, minimum. Creditors may seek to re-add the BK information on your credit report, even after the seven years.
Keep in mind that a bankruptcy will affect your credit score. What you must do now is add good credit e.g. secure credit cards and maybe a secure loan will increase your credit score within 2 years. Your credit scrore primarily judge consumers on what they have done within the last two years. If you add good credit, your score will increase.
You wait seven years from the date of the last payment. There is no other way to have it removed. Your credit report is a record of your past credit, your credit history. It will also show that you satisfied the debt, and you can add an explanation at the bottom of your report.
Your landlord would have to report payments to the credit bureau.
Your payment history is the most important feature for your credit report. If you have a $500 credit card, this is one that may be a "gotcha" card that will charge you for exceeding the credit limit, may add charges exceeding that limit and so on, leading you into a vicious cycle. Only charge what you can pay off entirely at the end of the month.
No. It should show on your credit report as a loan with 0 balance. However it could help if you paid 1/4 each month for 4 months if you have time as it would add to your good credit.
YES, THIS IS TRUE! IF YOU HAVE NEVER ESTABLISHED CREDIT HISTORY AND YOU ARE IN NEED OF A LOAN YOUR BEST BET IS TO BECOME A CO-SIGNER ON SOMEONE ELSE'S CREDIT CARDS TO ESTABLISH CREDIT HISTORY.
Sure anytime you feel your information needs to be updated you can dispute or add comments to your credit report. If you want you can visit my profile to learn ways to repair your credit.Best of luck,