How Can You Report Good Credit For Someone Who Borrowed From You and Paid Back In Timely Manner?

If you loan someone money and they pay you back as they should, in payment installments mutually agreed on, how do you go about putting that in their credit report as good credit?

Answer:
Unless you are a company, you probable can't. You can a letter to the three credit reporting agencies: Equifax, Experian, & Transunion. Their addrress are: Experian, PO Box 2002, Allen, Tx 75013 Transunion PO Box 4000, Chester, PA 19016, and
Equifax PO Box 740241, Atlanta, Georgia 30374.

Good luck.
YOU WOULD HAVE TO HAVE YOUR BUSINESS SET UP WITH ALL 3 BUREAUS. IF IT WAS THAT EASY EVERYBODY SCORE WOULD BE 850 CAUSE I COULD EASILY SAY I PAID 5 PEOPLE I OWED MONEY TO ON TIME.
if it's a private loan you can't
only companies can report

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