I’m new to the world of credit. I’ve gone my entire adult life thus far paying for everything outright.
But I’m now in the process of buying a house.
Since I am a ‘credit ghost’ (I have no credit score whatsoever) I was unable to get a loan through the bank.
my parents were kind enough to loan me the money needed to cover most of the cost. we’ve signed an official mortgage contract for the total as a 30 year mortgage.
However, I can’t seem to find any information as to how I/they can report the payments to the credit companies.
does anyone have any insight as to how I should go about this?
Any help is much appreciated!