Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Auto Loans
Profile Image

Question By
Vikram2325

0 Contributions
0 People Helped
I had a auto loan on Aug 2015, and i pay my EMI's on time, but it is not showing in my credit report

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
1884 Contributions
3672 People Helped

Was this a new car loan

or was it a Used car loan throught the dealer.  The reason I ask, Is that most new car loans are done through large Finacial companies that always report to the Credit Bureaus. But used car loans that are financed through the used car dealer are often condsidered personal loans with the note being helpd by the dealer and not a financial company.  They don't report these payments becuse they are small companies and reporting the loans they carry costs them more than they want to pay.  The large financials have volume pricing deals that make it affordalbe, small dealers have to pay much higher rates because they are not reporting as many customers, so they tend not to report at all, Unless of course you miss a payment. Then they will report in order to be sure that they will get your money.

If this isn't the case on your loan,  I would check with the lender. Sometimes there are typos or human errors that may be reporting your loan payments to some other account. 

hope this helps.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.