If you're talking about a cosigner, then yes. The cosigner's credit gets dinged also. Be careful about who you cosign for.
No. Lenders don't "have" to report to credit agencies at all. Credit reporting is totally voluntary. There is no law which requires or compels it. The Fair Credit Reporting Act states that IF information is reported, then it must be accurate. But there is no provision that insists on reporting.
In the UK, Experian, Equifax and Call Credit
i get my credit report for three credit reporting agencies at ezcreditrepairsolutions(dot)com(slash)credit(dash)report(dash)score(slash) from different credit reporting agencies, They provide a lot of great information for improving your credit score, and it worked well for me.
Make sure that you leave a couple of cards open with small balances so that they will keep reporting to the credit agencies. IF you pay everything off, you will not have anything reporting to the credit agencies.
Once a year, from each of the three main credit reporting agencies
Credit reporting agencies are agencies who are dealing with credits.If you want to investigate somebody with regards to her or his previous credit performance, then credit reporting agencies are the place for you to approach.
In the United Kingdom, credit reporting agencies are known as credit reference agencies. The three major agencies in the UK are Experian, Equifax, and Callcredit.
If you are looking for a list of court reporting agencies visit Stenosearch. It is a website that offers connection for legal support services, such as court reporting agencies. The site allows for both international and state searches.
there is no difference, it is the same. They were called Credit reaporting agencies several years ago, then the terms was changed to consumer reporting agencies as they are not used for more than just Credit Reporting.
Credit reporting agencies collect their information from several sources including direct investigations, trade creditor and banking connections, and public and insurance records
Equifax, TransUnion, Experian
There is no largely recognized agency that acts as an international credit bureau. The laws surrounding credit reporting are complex and would be very difficult to apply and enforce internationally.
The three major credit reporting agencies in the US are Equifax, Experian, and Transunion. Most credit information will be reported to all three agencies. However, sometimes information will be found on only one report.
Credit reporting agencies report your credit activities, such as paying bills on time, taking out a loan, etc. They keep track of this and make it available to anyone who requests it.
Credit reporting agencies collect their information from several sources, including direct investigation, trade creditor and banking connections, insurance records, and public records