Dec
21
huggybearspartan asked:
I have gotten about 5 loans or so and I was wanting to know if the approval and repayment of each loan is added to my credit history. I am 20yrs old and everytime I have applied for a credit card or gotten apartment, they always say I have no cedit and I have had utility bills in my name for about 3 or 4 years now. I have also did the free credit report thing and there was nothing on there, so I need help understand.
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I have gotten about 5 loans or so and I was wanting to know if the approval and repayment of each loan is added to my credit history. I am 20yrs old and everytime I have applied for a credit card or gotten apartment, they always say I have no cedit and I have had utility bills in my name for about 3 or 4 years now. I have also did the free credit report thing and there was nothing on there, so I need help understand.
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Lenders are under no obligation to subscribe to the services that track credit history. So some do, some do not, and some track only above a threshold dollar of debt.