The sum of his discourse was to this effect: That about forty years ago, certain persons went up to Laputa, either upon business or diversion, and, after five months continuance, came back with a very little smattering in mathematics, but full of volatile spirits acquired in that airy region: that these persons, upon their return, began to dislike ...
It actually depends on the lender. Most will report at least once a month, but it could take a couple of months for a new loan to get through their internal system for them to report it for the first time. Once it does report, your score will probably go down a bit. Because you had a inquiry for the loan, as well as it being a new account.
Delinquent Accounts â When you refer an account for collection and notify a CRA that you have done so, you also must report the date of delinquency to the CRA within 90 days. The date of delinquency is the month and year the consumer's delinquency resulting in the referral began, see the examples below. FCRA 623(a)(5)(A) If you are a debt collector furnishing information to a CRA about the accounts of a creditor, you must report the date of delinquency given to you by the creditor. FCRA 623(a)(5)(A) This date of delinquency determines how long the debt can be reported on a consumer's credit report.