Can a private financial institution report to the credit bureau if they havent reported the loan to begin with?

Answers:3   |   LastUpdateAt:2012-11-05 07:46:02  

Question
krislin
Asked at 2012-08-25 09:49:03
I got a car loan through an Agency 2nd Chance at a very high interest rate . They said they report to the credit bureau and that would be a great way to rebuild my credit . 2 years later I found out that the loan not been reported , or that I am in good shape . It has improved my credit at all and I have been paying for two years . If I turn on the vehicle can report me to the credit bureau ?
Answer1RimyAnswered at 2012-08-26 20:09:17
Reporting to the credit bureau means they have to be a member and pay dues . Not all companies do . That is how , and why. And if it is true , the loan did not give any help in this regard
Answer2CRRAnswered at 2012-08-27 11:15:16
This will depend on whether the member organization of the credit bureau . It cost a lot to be a member of the credit bureau , so it is not surprising that you do not subscribe to the credit bureau ( and why not report it first) MedlinePlus MedlinePlus no way to add car loan , but you have to wait until the loan is paid in full.
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