Does Montgomery Ward report to credit bureaus?

Yes, Montgomery Ward reports to all three major credit bureaus (Experian, Equifax, and TransUnion) every month. Reports are sent to these credit bureaus for the Montgomery Ward Credit, as long as your account is open and active. Plus, each report includes information such as the account’s statement balance and payment history.

Other things to know about the Montgomery Ward Credit:

• Montgomery Ward will only stop reporting to the credit bureaus when the account closes, which could happen after a year of inactivity. So, use your Montgomery Ward Credit credit line to make purchases each year if you want the account to remain open.
• Having a Montgomery Ward Credit is a great way to boost your credit score, but it will only help if you use the line of credit responsibly.
• Keep in mind that maxing out your credit line and missing payment due dates, among other missteps, will also be reported to credit bureaus. This will likely cause your credit score to decrease.

If you’d like to see the effect that your Montgomery Ward Credit is having on your credit, you can check your latest credit score and TransUnion credit report for free on WalletHub.