@Anonymous wrote:I am curious how much of a scoring increase you think you will get. How much did your scores drop when your utilization went up?
I have absolutely no idea. I've never decreased my uti by this much.. It was only until recently did I think of decreasing my uti to less than 10%..
I never checked my cs before, so I wouldnt know how much it was before the uti started.
When I do the score ranges it says my score should be between 655-702. lol not much help, so we will find out..
Oh im def not expecting a 70 point jump. thats best case scenario status.
Im realistically expecting a 20-30 point jump.
But let's revisit this within a week lol
@Anonymous wrote:I had a chat conversation about this a while ago with Cap1. Here's how it went...
You10:24 AM
and my last 2 questions... when does capital one report balance to the credit bureaus? and when does my statement cut?
Andres10:24 AM
We generally report 2-3 days after the statement closes, and the information reported should be the same that is on your statement. Note we do not control when the bureaus update their records, but we'd expect it to be within a week or so; your credit report will indicate the date we provided the updated information.
You10:25 AM
Understood. And when does the statement close?
Andres10:26 AM
You first statement will be generated on 08/15/2016 and you will have the due date on 09/12/2016.
You10:26 AM
Awesome. Thank you for all the info! I'll give the specialist a call to change the name on the card at a later time!
Andres10:26 AM
The 08/15/2016 statement will close on 09/15/2016.
Andres10:26 AM
You are very welcome. I appreciate your time and patience while we've been chatting. Have a wonderful day and thank you for choosing Capital One.
Andres10:26 AM
Thanks for using our Chat services.
Very helpful. Especially about when the CBs post the update up.
Thanks for the info.
@Anonymous wrote:I just chatted with Capital One to see if I'd receive the same answer.. Confirmation that per Capital One, they report 2-3 days after the statement closed date, and the statement closed date is the last date of the statement cycle. In my case, my statement cycle was 07/07 to 08/06 with a due date of 08/03 which means that my "close date" is 08/06 and should be reported by today 08/09. It hasn't shown up yet, but should soon.
YouHi, Norvin. Could you take a look at my account and tell me when my statement that just cut should report to the credit bureaus?NorvinHello there. Great to have you on Chat!NorvinNorvinYou should see some verification questions expand from the right side of your chat window. Please enter the requested information and click Validate.VisitorCustomer validated successfullyNorvinThank you for verifying that information. Bear with me for just a moment while I review the account.YouMy most recent statement, from Jul 7th to August 6th had a new balance of $15.10. I'd like to know when Capital One will report that balance to the credit bureau.YouThank you.NorvinI've reviewed your account and I see that your statement got generated on 08/06/2016.
I'd like to inform you that we generally report 2-3 days after the statement closes, and the information reported should be the same that is on your statement. Note we do not control when the bureaus update their records, but we'd expect it to be within a week or so; your credit report will indicate the date we provided the updated information.YouOkay, could you tell me what date the statement close date is?NorvinI''d like to let you know that for every month your statement closes on 6th and for this month the statement closed on 08/06/2016.
So, by today it will be reported to the credit bureau's.YouOkay, because my credit report hasn't updated with the new balances. So, you expect that it should be updated on my reports by tomorrow?NorvinYes, not to worry it will surely be updated and you can check it on your credit report by tomorrow.YouThank you, Norvin.NorvinMy pleasure assisting you.
I appreciate your time and patience. Is there anything else I can help you with today?YouThat's it. Thanks again.
Thank you for this. Very informative.
@Anonymous wrote:
@Random_idiot wrote:Oh im def not expecting a 70 point jump. thats best case scenario status.
Im realistically expecting a 20-30 point jump.
But let's revisit this within a week lol
I've experienced a 33 point jump going from around 70% util to less than 7% util.
I would be more than happy for this increase. right no wmy score is at a lousy 630. I would welcome a 30 point jump anyday of the week!
So... Today is then13th.. Do they update on a saturday day or will I have to wait until Monday the 15??