Ive had car insurance in my own name for 2 years and ive payed it every month in full and on time?

Question

now if i were to try and get a loan for a new car would that help as far as credit or anything? like if they ran my social securiy number and name would they see that i have good bill payment history?

Answer 1

No, That won't show up on a credit report

Answer 2

Your payment history with insurance companies is not reported to the 3 credit bureaus. Therefore, it does not affect or even show up on your credit history.

If you want some more information, I would check out...

http://insurance.123thebest.info/

Take care.

Answer 3

no, insurance payments do not show on credit unless you don't pay and owe them and they turn it over to collections.

Answer 4

No, I don't believe it is reported to the credit bureau by the insurance company.  You have to have a loan or credit card to build good credit.

Answer 5

Be frankly,It is gonna take a while to find the answer for your question.Try the resource here for reference.http://carinsurance.expertsupport.info/a...