Something nagging me: creditor not on Credit Report

[Zapata]

When I pulled my credit report to verify some debts, there was one creditor that wasn't even mentioned. And it's my biggest debt. I of course included them on Schedule J.... but for the last few days I have been wondering why they wouldn't be on my credit report. Wonder if they figured I would file bankruptcy and hoped I would forget to list them? Oh, it's one of the bigger credit card companies.

I didn't think to check for judgments against me.... maybe they filed suit in my former county of residence and I just don't know about it. I sure the heck didn't leave a forwarding address to my new town a year and a half ago..... my bad.

[pink_amulet]

About 22 of our creditors that we calling on a daily basis are NOT on our credit reports either. When I worked for a dental office I asked why aren't the bad accounts reported to the credit reports, to hound them now, and they said it costs the creditor money to list items....don't know how true that is??, but maybe that is why.
I still listed everyone I could think of!!!!!!!

good luck
jessica

[Minnymouth]

Some of the cc companies do no report to the credit bureaus - and yes, they probably charge them a fee to record info...
Just as long as you have them listed on you petition you have covered your bases...

Minny

[quest42]

I had one of those too. A large amont of money, and a big, well-known company. Had not been able to pay on it for several years. Listed it on my Creditor Matrix + Schedule F.

[StaciMM]

Its like a subscription. The more frequently the creditor reports, the more they pay for it. Some may only update quarterly, while others update monthly. And some creditors may only report to 1-2 of the bureaus rather than all 3. That is its good to check all your reports periodically, as what is on one may not be on the others.