Whenever will my loan get reported into the credit reporting agencies? Records reported to the credit reporting agencies are reported for a basis that is monthly
Reports reported into the credit agencies are reported monthly, between one to two months following a last date for the month that is prior. For example, all account task between May first and May 31st will typically be reported to the credit agencies by mid-June. In case your loan was paid down in May, you may typically look at updated payoff information mirrored with all the credit reporting agencies within the 2nd or week that is third of.
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