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.
However, there are a few rules regarding the reporting of negative information. For example, a late payment cannot be reported on a credit report unless it is at least 31 days late. After that time, it usually shows up on the credit report within the usual 30 days. Creditors usually do not charge off a debt and turn it over to a collection agency until 180 continuous days of non-payment have passed, so you may have at least six months before a collection or charge off shows up on your credit report.