Question about how a lease has reported on my CR

Question about how a lease has reported on my CRQuestion about how a lease has reported on my CR
NeldaFer asked 4 years ago

Hello, I’m new to posting but a long time stalker and I’m hoping I’m posting this question in the appropriate place.

I’ve been rebuilding my credit for a little over a year now. I managed to come up from a score of around 514 to a 727 in that time (I’m super proud of myself).

Anyway, I recently just paid off a lease I had with Aaron’s (I don’t need the rant about how terrible these places are, it was an act of desperation and it’s done now). I noticed that they have reported on my credit, I’m just not sure if it’s a good thing.

It’s simply reporting as “closed.” I was never late, always early. But it doesn’t report ANY payment history. Since this was a lease, and not revolving credit, is it okay that it only reports as closed?

Thanks in advance for any help!

Register New Account
Reset Password