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reporting credit to the credit bureau

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K

kl

Guest
If a person buys a car from a private used car dealership, can that dealership be required to report the credit extended to a customer?
 


H

HomeGuru

Senior Member
<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by kl:
If a person buys a car from a private used car dealership, can that dealership be required to report the credit extended to a customer?<HR></BLOCKQUOTE>

There is no legal requirement but mainly a voluntary one in the industry. The dealership and the credit reporting agency work hand in hand and support each other.
 
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