When you are trying to build your credit, you obviously want your on-time credit payments to be recorded by the major credit bureaus (Equifax, TransUnion, Experian). But not every company that offers credit actually takes the step to report your payments. If you are a Stoneberry customer, you might be disappointed to learn that Stoneberry does NOT report your on-time payments to the major credit bureaus.
We got this information from a Stoneberry phone representative on May 18, 2017.
However, based on the Stoneberry Credit terms & conditions, it is possible that negative information could be reported if you are delinquent on your payments.
So, it looks like you are not going to build credit with Stoneberry, but you could hurt your credit if you miss payments.
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