I just began leasing a Volkswagen Golf back in November 2002...this has yet to show up on any of my credit reports. Is this a good or a bad thing? Besides my Capital One charge-off which is getting old, all of my accounts are in good standing, even though my balances are a little high. Is this lease not reporting a good thing because it would just add to my debt to credit ratio, or is it a bad thing because since I am making on-time payments, it would give me yet another positive on my credit report? Any thoughts?
alot of lease companies post the value of the car not the payment * terms, so it jacks up your total debt balance. i hope vwc doesn't do this too.
