How DO I, A car dealer, Report to the Credit Bureaus? To build credit for my clients..?
I am a car dealer and have a finance license. I want to report monthly to the credit bureaus.. How do I do this? I heard there is a company you can pay to pool a bunch of other people together and report clients to the credit bureaus. How do I go about doing this? Thanks!
Public Comments
- You have top become a merchant subscriber to a credit bureau. You can either subscribe to one of the big three (experian, etc) or there are often Internet or local credit agencies which you can report through. Normally there are charges for this, but you'll also be able to run credit checks on your customers. Cost of doing business on credit.
- Here are the numbers you need to call; 1. Equifax 1-800-685-1111. 2. Experian 1-888-397-3742 3. Transunion 1-800-916-8800. They can help get you set up. Good luck.
- you set up an account with the credit bureaus and if you are approved you can report your clients yourself.
