We signed our lease on 6/15/19.
It’s still not reporting on any of the bureaus.
I’m a credit nerd, that’s the only reason I care.
PS: The “Sedan” tag on this thread is completely useless, but I had to choose two.
Had mine a little after 2 months.
3 Likes
I was wondering the same thing. We actually signed in the middle of May and it still isn’t reporting. I asked bmfs and they said they begin reporting after the first payment, which we have had, and if the credit agency doesn’t show it to contact them.
1 Like
Took around two months for me with Jaguar.
3 months
122121212121221
1 Like
Credit monitoring alerts inform me that BMWFS has started reporting on Equifax.
Lease dated 06/13/19
Lease signed 06/15/19
Payment date 13th of each month
If history is a guide with other new accounts, Experian will be next and TransUnion will trail a couple of days later.
Original balance reports as: (term * payment amount)
Current balance reports as: (term * payment amount) - (# of payments made * payment amount)
I was expecting the trade line to report as an installment loan.
Kredit Karrmahhhh shows the account type as “Open,” which I will take with a grain of salt until I can look at a legitimate version of my Equifax report.
1 Like
Lease dated: 06/13/19
Lease signed: 06/15/19
Payment date: 13th of each month
Reported - Equifax: 08/17/19
Reported - TransUnion: 08/18/19
Reported - Experian: TBD
Original balance reports as: (term in months * payment amount)
Current balance reports as: (term in months * payment amount) - (# of payments made * payment amount)
Has taken anywhere from two months to four months on mine.
Signed in December
Showed up in Feb
The lease showed up on Experian sometime in the past few days. I didn’t receive an alert, so I’m not sure of the exact day.