Hold on ! Whoa Nellie ! This is a biggie !
The lender might really have only one question if you don't have a credit file with the bureaus :
Who are you ?
Don't give up yet !
Maybe you can do something about it !
Can you start a file by asking the credit reporting agencies to add accounts to your file ?
Yes !
Your credit file may not reflect all of your credit accounts.
Most department store and bank credit card accounts can be included in your file, and not all creditors supply information to credit reporting agencies.
Among those that don't report are entertainment groups, travel, local retailers, credit unions and gas card companies.
If you've been told you were denied credit because of an "insufficient credit file" or "no credit file" and you have accounts with creditors that don't appear in your credit file, ask the credit reporting agency to add information about these accounts.
Best wishes !
Any thoughts ?
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