I listened which returning your cinema late can start your credit report. Is this true? we have had to squeeze a film in a past b/c we did not lapse it upon time. Will this unequivocally be visible?
No. It won’t show on your credit report. It will only show on your credit report if you don’t purchase the movie or return it ( like, say you close your card you used to sign up_ After a few months, they send your account to collections, and then it appears on your credit report.
The Yes answer is if the account became overdue long enough for the company to report it on your credit rating.
Block Busters in most cases do not report because it costs them money. However, overdue accounts can be sold to collection agencies which almost always report as a way of getting you to pay.
If you purchased the movie then you owe no debt and the account is settled. This would not be reported and if they did could be refuted and removed.
If your account with the movie rentals was well overdue then there may be a risk of getting bad credit ratings but if it is whtin an acceptable time frame with the rental company then you should not have a problem.
5 Responses
Peanuts42
August 28th, 2009 at 7:44 am
1yes cause it is linked to your credit card
sarahbhancock
August 30th, 2009 at 10:24 pm
2No. It won’t show on your credit report. It will only show on your credit report if you don’t purchase the movie or return it ( like, say you close your card you used to sign up_ After a few months, they send your account to collections, and then it appears on your credit report.
Donald C
August 31st, 2009 at 7:33 am
3Yes and No
The Yes answer is if the account became overdue long enough for the company to report it on your credit rating.
Block Busters in most cases do not report because it costs them money. However, overdue accounts can be sold to collection agencies which almost always report as a way of getting you to pay.
If you purchased the movie then you owe no debt and the account is settled. This would not be reported and if they did could be refuted and removed.
swift 16
September 1st, 2009 at 8:03 pm
4yes! blockbuster reports to all the major credit bereau’s
Dominique N
September 4th, 2009 at 8:52 am
5If your account with the movie rentals was well overdue then there may be a risk of getting bad credit ratings but if it is whtin an acceptable time frame with the rental company then you should not have a problem.
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