Does anyone know if and/or how I can have a positive tradeline added? Situation: My DH and I had 2 vehicle loans - both around 10K. Paid off 36 mo notes in 26 months, no lates what so ever. However the company doesn't report. How can I get this added, or can I? Shanyl
ask them ? Most banks will report, if asked. Those places who have no accounts with credit bureaus may not be likely to be able to send a UDI form to show completion.
Hi Sam, thanks for the reply. I did ask them and they supposedly reported back on May 21 but nothing has posted on any of the three CRAs. They gave me a letter stating the balance, payment history and that we paid it off early -- but I'd really like it reported as a positive TL on my CR. Shanyl PS - What's a UDI form?
well back when i worked on credit software you could electronically (AKA TAPE SPOOL) or UDI form an entry in. the UDI was kinda wierd, because all they needed was your account code and didnt verify where it came from, it was like a small square of paper to report stuff or errors or deletes. I often wondered if they even verified the source of such, other than having the account # of the login as being the only thing needed to submit one by mail, but of course that would be fraud/forgery to do that. When you join each credit bureau you are given them if you cannot electronically upload info. That was 10 years ago, it may be all electronic now, but the idea is that they dont want joe blow sending positive tradelines in, or deletions, so they have to have some sort of check system in place. They were VERY particular about deletes/changes back then, and i imagine now even more so. A letter to a credit bereau might get thrown into the garbage, a udi form maybe not, but somewhere along the line someone has to read it and type it in and make sure its not coming from say YOU. otherwise we could add tradelines all day from businesses its really not hard at all to get credit pulling from the bureaus direct, and with that comes credit reporting. I could setup a company , say a leasing/property management company, or a loan company and post positive/derogs all day long on the down low, so they are more picky these days. Not that i would even consider doing that.
Thanks for the explaination Sam. It at least gives me a clearer picture. Guess I'll continue to bug (in a nice sort of way) the dealership. Shanyl
It might take a month or more to show up on your reports. Check your CR's in 2 or 3 weeks before politlely asking them again!
I'd suggest you don't wait. I called GMAC Sept 2002 and they promised to add my TL (which the CRA deleted due to nonresponse). Still waiting for them to add my positive TL back in... Guess it's time for a friendly letter.
