Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

Lender Reporting Payments to Credit Bureaus

Posted on: 08th Feb, 2011 10:22 am
Is there anything I can do when a lender is not reporting my on time payments to the credit bureaus and a year has now passed? We purchased the home for security and credit.
Hi jestinashearin,

You should keep in constant touch with your lender and ask him to report your on time payments to the credit bureaus. Other than this, I don't think you've much to do.

Thanks,

Jerry
Posted on: 09th Feb, 2011 12:59 am
Thank you for the information. So would you recommend we go through a new bank, so our credit is reflecting my payments, because the loan would definitely boost our credit scores higher.
Posted on: 11th Feb, 2011 01:32 pm
hi jestina,

you can refinance your mortgage with another bank. the new bank will report the payments to the credit bureaus which will have a positive impact on your credit scores.

thanks
Posted on: 11th Feb, 2011 11:09 pm
Page loaded in 0.082 seconds.