How to Report Tradeline Accounts to Credit Agencies

Companies report trade line accounts to the credit reporting agencies on a regular basis. A trade line will list all of a debtor's account information such as balance, date last paid and high credit. If you want to report such items to the agencies you have to meet certain requirements and qualifications. A representative from the credit reporting agency may have to visit your business and perform a physical inspection to make sure you have designated office space. You should be a member of the credit reporting agency you want to report to.

Instructions

1

Fill out a membership application and a data transmitter form and return them to the credit reporting agencies you would like to report to. The credit reporting agencies will have these on hand.

2

Convert your data to Metro 2 format. Contact a credit report servicing company such as Data Linx if you need help with this process. They will take you through the steps. Credit reporting agencies generally use the Metro 2 system to receive data.

3

Submit all of your data to the credit reporting agencies of your choice, and they will download it and review it. Your data will be submitted through a secure https connection. Data is normally submitted on the last day of the month.

4

Call the credit reporting agency to see if they received your data.

5

Once the data is received, the credit reporting agency will now be able to view all of your data on their system.