Auto Lease Not Appearing on Credit Report

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Kicker
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Auto Lease Not Appearing on Credit Report

Postby Kicker » Fri May 17, 2013 11:31 pm

Hey all, I recently leased a volkswagen in March of this year and have been paying on time for the past 3 payments. However, when I check creditkarma, my auto lease/loan account does not mention anything about a volkswagen lease...could there be a problem?

Thank you!
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Bksuper
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Postby Bksuper » Sat May 18, 2013 3:36 am

It might not report to TransUnion. CK only pulls TU.
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Robrus1
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Postby Robrus1 » Sat May 18, 2013 4:02 pm

Bksuper wrote:It might not report to TransUnion. CK only pulls TU.


This is my opinion also. Where I live, no one really pulls TU. My auto loan doesn't show up on CK either because my credit union doesn't report to TU, they only report to Experian. Try Credit Sesame.
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Kicker
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Postby Kicker » Tue May 28, 2013 1:36 am

Thank you all. I created a Sesame account and it already had my lease account. A week later, CK also notified me of the lease. So Sesame was on top of its game ahead of CK.
My Wallet:

Wells Fargo Visa - $1200 (Obtained 2011)
AMEX Green - NPSL (Obtained 2012)
Chase Freedom - $3000 (Obtained 2012)
Citi Diamond Preferred - $2000 (Obtained 2013)

TheLethargicAge
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Postby TheLethargicAge » Tue May 28, 2013 4:06 pm

I'm guessing the creditor is Volkswagen Credit, right? I think it takes about 3 statements before they start reporting. If it doesn't show up next month, give them a call.
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Kicker
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Postby Kicker » Sun Jun 02, 2013 2:17 am

TheLethargicAge wrote:I'm guessing the creditor is Volkswagen Credit, right? I think it takes about 3 statements before they start reporting. If it doesn't show up next month, give them a call.


Yep. It showed up on both CK and Sesame so I'm glad the wait is over.

But...my score for CK went down 50 pts after the Volkswagen credit account showed up on CK...Is this normal?

Thank you.
My Wallet:

Wells Fargo Visa - $1200 (Obtained 2011)
AMEX Green - NPSL (Obtained 2012)
Chase Freedom - $3000 (Obtained 2012)
Citi Diamond Preferred - $2000 (Obtained 2013)



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