Tee Posted January 26, 2005 Report Share Posted January 26, 2005 Is there a law or technique to make a creditor report an account to the bureaus? This is in reference to a car loan that was financed through a dealership carrying his own paperwork. There are no lates and the vehicle will be paid off in a couple of months. The dealer was asked to report but replied that the bureau will need to contact him for a rating and he will say triple A, but I don't think this going to serve the purpose I need. Please help! Link to comment Share on other sites More sharing options...
adminppdotcom Posted January 26, 2005 Report Share Posted January 26, 2005 Is there a law or technique to make a creditor report an account to the bureaus? This is in reference to a car loan that was financed through a dealership carrying his own paperwork. There are no lates and the vehicle will be paid off in a couple of months. The dealer was asked to report but replied that the bureau will need to contact him for a rating and he will say triple A, but I don't think this going to serve the purpose I need. Please help!Reporting is optional. There is no law which requires reporting. The consumer reporting agencies are private organizations, they cannot be "forced" to report info. Same as creditors. Additionally, there is a fee to report.BUT, there are companies who will report info upon request. One I can think of is a company who offers to report judgments on def credit reports for the plaintiff.This REALLY is fun when you sue a debt collection employee and report the judgment on THEIR credit report....and then send the judgment to a debt collector to collect Link to comment Share on other sites More sharing options...
Tee Posted January 26, 2005 Author Report Share Posted January 26, 2005 Reporting is optional. There is no law which requires reporting. The consumer reporting agencies are private organizations, they cannot be "forced" to report info. Same as creditors. Additionally, there is a fee to report.BUT, there are companies who will report info upon request. One I can think of is a company who offers to report judgments on def credit reports for the plaintiff.This REALLY is fun when you sue a debt collection employee and report the judgment on THEIR credit report....and then send the judgment to a debt collector to collect Thanks,any idea what the creditor meant by saying the bureau could contact him for a rating? is this the same as reporting? Link to comment Share on other sites More sharing options...
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