How to Report Payment History to Credit Bureaus
Dear JLM,
Today, there are several types of payment information you can have added to your credit report. Unfortunately, in order for your mortgage account to be included in your credit history, it must be reported by your lender. As an individual, you cannot submit your own mortgage account information to be added to your credit report.
It’s not clear from your question whether the mortgage is with a large bank or mortgage lender, or if it’s with a small bank or perhaps even privately funded. While most major banks and financial institutions do report to the three major credit reporting agencies (Experian, TransUnion and Equifax), the law does not require them to do so. Some lenders may choose to report to only one or two of the three bureaus, and others may choose not to report at all. If the mortgage is privately funded, it likely will not be reported.
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