Requirements to report on CR?

Discussion in 'Credit Talk' started by Coda33, Jul 30, 2003.

  1. Coda33

    Coda33 Well-Known Member

    What is required of a company to report info to the CRA's?

    Could my employer start reporting my in-house loans (that are very large, always on time, etc)?
     
  2. tiger00

    tiger00 Well-Known Member

    I don't know if this can be used for a CR, but many mortgage lenders consider "non traditional" credit histories. Fannie Mae suggests that you keep a record of these transactions so that you can present these to a lender as another source to verify your credit worthiness.
     

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