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Time until Capital One reports loan paid off?

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Anonymous
Not applicable
‎07-18-2017 09:20 AM
‎07-18-2017 09:20 AM

Time until Capital One reports loan paid off?

I refinanced my loan from Cap1 to my credit union, and Cap1 says it is paid, closed, title release is in the mail as of July 14.  Does anyone have experience with how long it will be until they report the loan as paid and closed?

 

The new loan from my CU is already showing on my reports, and I'm planning for a PenFed app soon.  I'd like to not have the loan reported double when I apply.

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Message 1 of 4
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Anonymous
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‎07-19-2017 04:07 PM
‎07-19-2017 04:07 PM

Re: Time until Capital One reports loan paid off?

Give it at least a month for them to update your reports. So you will have to wait a bit on your Penfed application...

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Anonymous
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‎07-19-2017 08:03 PM
‎07-19-2017 08:03 PM

Re: Time until Capital One reports loan paid off?

We refi a Cap one loan recently to Penfed, it took a little over a month before it showed as closed on our CR
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Anonymous
Not applicable
‎07-19-2017 08:17 PM
‎07-19-2017 08:17 PM

Re: Time until Capital One reports loan paid off?

Thats what I needed to know, thanks.
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