Old Card Not Reporting to Credit Bureaus

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mroz
 
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Old Card Not Reporting to Credit Bureaus

Postby mroz » Mon Jan 20, 2014 11:19 am

I have had a Chase card for the past 10 years with a decent limit. I made the mistake of signing it up as a business account, although it is tied to my SSN. They do not report any data to the bureaus. It is actually stated on my credit report(Experian) that one section hurting me is my average credit card limits are all too low.

Has anyone had luck getting providers to report to the bureaus? Or... Is it possible to switch from a business account to a personal?

Or, does this even play very much on your score?


Thanks!


MemberSince99
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Postby MemberSince99 » Tue Jan 21, 2014 2:07 pm

Since you signed up for the card as a business card, that's why it's not reporting on your personal credit.
You could of course ask Chase to report it on your credit, or to convert it to a personal card. That would be entirely up to Chase though. But it doesn't hurt to ask the worst they can say is NO and you have don't lose anything but time for asking.


And yes, 10 years of account history is always something you would want on your report and it does affect your score.

takeshi
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Postby takeshi » Wed Jan 22, 2014 8:30 am

mroz wrote:They do not report any data to the bureaus.

It does report but it reports under your business and not under your personal reports.

mroz wrote:Has anyone had luck getting providers to report to the bureaus?

Not with a business card unless there's a derog.

mroz wrote:Or... Is it possible to switch from a business account to a personal?

I'd guess no given that they won't transfer business credit limits to personal but call and ask them to verify.

mroz wrote:Or, does this even play very much on your score?

Utilization is 30% and AAoA is 15% so yes.
http://www.myfico.com/crediteducation/whatsinyourscore.aspx



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