Saturday, April 24th, 2010

Can I tell a credit card company to report positive comments to my credit report?

I payed off 2 credit cards out of four. Can I contact those two credit card companies and ask if they can report positive comments to the credit bureau to raise my score? Or do they automatically do that? I’m trying to raise my score. If you have any tips please share them with me. Thank you.

Credit cards can not report comments on your credit report.
Any time you use more than 30% of your available credit limit you are reducing your score.
That’s why it is best to use credit wisely.
Pay in full each month – this way you never pay interest and get great scores.

Do not close your oldest credit cards – you will delete part of history.
Closing credit cards does no good for credit whatsoever – it can actually lower it.
Only close it if it carries an annual fee.
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8 Responses to “Can I tell a credit card company to report positive comments to my credit report?”

Steve D Says:
April 24th, 2010 at 4:49 pm

Most credit card companies report credit history to at least one if not all three bureaus. If they don’t, that usually means they are not members of a bureau and given the expense, probably won’t report.

It’s hard to give tips when we don’t really know what you are trying to raise your score from and what sort of credit you already have.
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alicialions Says:
April 24th, 2010 at 5:08 pm

They will report the balance of your credit card and that you pay on time as agreed. They do not make comments. It is factual information and nothing more…but it is automatic.
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bdancer222 Says:
April 24th, 2010 at 5:25 pm

The credit cards will automatically update to the credit bureaus on their regular schedule, usually once a month. You don’t need to do anything. You should see the results on your credit report within 45 days.
References :
BD

Judy Says:
April 24th, 2010 at 5:33 pm

Credit cards can not report comments on your credit report.
Any time you use more than 30% of your available credit limit you are reducing your score.
That’s why it is best to use credit wisely.
Pay in full each month – this way you never pay interest and get great scores.

Do not close your oldest credit cards – you will delete part of history.
Closing credit cards does no good for credit whatsoever – it can actually lower it.
Only close it if it carries an annual fee.
/
References :

∞infiniti∞ Says:
April 24th, 2010 at 6:03 pm

Individuals cannot report to the credit bureaus. They are run by their subscribers, your creditors. Not all creditors are members of credit bureaus. If your creditor subscribes, then he automatically updates your account on a regular basis.
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Caveat Emptor Says:
April 24th, 2010 at 6:15 pm

They don’t report "comments." They report account balances and payment history (quantitative facts) – positive or negative.
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My Take on It Says:
April 24th, 2010 at 6:34 pm

They should automatically report that you have paid the account in full
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Brandon Says:
April 24th, 2010 at 6:41 pm

You can use this credit monitoring service to pre-estimate future scores for different scenarios of such payments – credit-report-score.10001mb.com
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