# Auto Financing 101 - and Loans in General

**URL:** <https://forums.speedlife.net/t/auto-financing-101-and-loans-in-general/40895>\
**Category:** NYSpeed Off Topic\
**Created:** [December 28, 2007, 10:44am UTC](https://forums.speedlife.net/t/auto-financing-101-and-loans-in-general/40895 "2007-12-28T10:44:41Z")\
**Posts on this page:** 1\
**Showing post:** 60

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**Author:** ![TORQDSS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/torqdss/32/5125_2.png) [@TORQDSS](https://forums.speedlife.net/u/TORQDSS)\
**Post date:** [January 9, 2008, 12:53pm UTC](https://forums.speedlife.net/t/auto-financing-101-and-loans-in-general/40895/60 "2008-01-09T12:53:34Z")

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> [@JayS](#):
>
> OK, I looked into this a little further today at work. Dug out the big old regs book and this is what I found.
> 
> They are **required** to report any delinquent loan activity.  
> It is a **business decision** if they report on time loan activity.
> 
> That being said though, 99% of our CU’s report all loan activity because it only benefits their members to have positive loan activity reported. If you’re not seeing loans on a regular basis you should definitely talk to customer service at your reporting bureau.

the CB’s didn’t give me an exact reason but they said there is a report type that is specific to auto dealers. i asked them to change that so I can see what CU’s are reporting and today I pulled a Bureau and there was the “Olean Area Fed CR UN”

THAT BEING SAID IF YOU ARE USING CREDIT REPORTS MAKE SURE THEY EXPLAIN EVERYTHING BECAUSE I MUST HAVE SIGNED UP FOR A DEALER SPECIFIC TYPE AND IT DIDN’T GIVE ME ALL THE INFO

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