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New Member
posted Dec 21, 2019 1:03:50 AM

Personal Loan listed as Other

Why on my turbo credit report, is my personal loan listed under other, instead of personal loan?

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2 Replies
Level 15
Dec 21, 2019 7:45:49 AM

That could be the result of the manner in which the lender reported the loan.

 

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Returning Member
Jan 31, 2020 1:09:07 PM

The code the lender reports to whatever credit bureau what type of loan it is, might be wrong. 

 

I work at a credit union and auto loans have codes like 1012222, and if we report code 1021111 it will report as a home equity loan. I wouldn't be concerned about it. But you can always call your lender and ask to verify how its been reported. Or request the credit bureau to send the lender a request to look into the account in detail.