Reply
New Contributor
Posts: 60
Registered: ‎12-29-2011
0

Bank of America statement cycle

Does anybody knows, when BoA statement cycle ends? Or is it different on different customers? Also if I have a credit card with but never use it, does it still report to credit bearu?

Starting Score: 604
Current Score: 694
Goal Score: 750


Take the FICO Fitness Challenge
Mega Contributor
Posts: 15,436
Registered: ‎04-09-2011
0

Re: Bank of America statement cycle


brooklinier wrote:
Does anybody knows, when BoA statement cycle ends? Or is it different on different customers? Also if I have a credit card with but never use it, does it still report to credit bearu?

Yes it will still report, and you would have to call CS to find out your statement closing dat.




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Community Leader
Valued Contributor
Posts: 1,283
Registered: ‎04-06-2011
0

Re: Bank of America statement cycle

If you have online acces to your account, it will say your closing date there. It should also say it on your bill if you receive paper statements. You can also call CS and they will be able to tell you.

Starting Score: EQ 681 5/2011, EX 656 6/2011 (PSECU), TU98 642 6/2011
Current Score: EQ 741 12/2011, EX 734 11/2012 (PSECU), TU98 695 9/2012
Goal Score: 725+ across the board


Take the FICO Fitness Challenge

Moderator Emerita
Community Leader
Epic Contributor
Posts: 28,098
Registered: ‎04-01-2007
0

Re: Bank of America statement cycle


brooklinier wrote:
Does anybody knows, when BoA statement cycle ends? Or is it different on different customers? Also if I have a credit card with but never use it, does it still report to credit bearu?

It's different for every customer.

 

Look at any of your online or mailed statements, and you'll see the statement date. That's when they update to the bureaus. The amount that is due on the statement is the balance that they report.

 

Yes, it still reports every month, but it would be wise to blow the dust off of it and use it occasionally for a pack of gum or something, to keep the lender from closing it down.

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Mega Contributor
Posts: 15,436
Registered: ‎04-09-2011
0

Re: Bank of America statement cycle


haulingthescoreup wrote:

brooklinier wrote:
Does anybody knows, when BoA statement cycle ends? Or is it different on different customers? Also if I have a credit card with but never use it, does it still report to credit bearu?

It's different for every customer.

 

Look at any of your online or mailed statements, and you'll see the statement date. That's when they update to the bureaus. The amount that is due on the statement is the balance that they report.

 

Yes, it still reports every month, but it would be wise to blow the dust off of it and use it occasionally for a pack of gum or something, to keep the lender from closing it down.



+1

 

Get a CMS and have it reaccur charge the card!




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}