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CC balance updated in the middle of the month?

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PayingTheBills
Frequent Contributor

CC balance updated in the middle of the month?

I just got a SW Alert, and my EQ FICO has fallen 5 points because my CC just updated on 3/27 instead of 4/12 like it is scheduled to.  My util is 13% currently, it had previously been 8%.

Is this common?

 

I was planning on PIF before the 12th....this is weird.


Starting Score: 540 EQ 517 TU on 11/17/08
Current Score: 668 EQ 726 TU
Goal Score: 760 EQ 760 TU


My Credit Repair Journal
Message 1 of 6
5 REPLIES 5
tray
Valued Contributor

Re: CC balance updated in the middle of the month?

Hi, just reviewing my credit reports today and noticed my BOA cc reported 2X so far to the credit bureaus.  I am going to be calling this bank and and to see what is going on here.  My cc closed on the 23rd of last month and had a $0 balance and now today reporting $138.00 balance I do not think this is fair especially without knowing.

Starting Score: EQ 546 TU 566
Current Score: EQ 693TU 08 729 EX 08 738Need to Garden/New Accounts
Goal Score: 800
Message 2 of 6
Anonymous
Not applicable

Re: CC balance updated in the middle of the month?

This doesn't happen too often, but it really isn't that unusual either. DW's Discover reported two or three times mid-cycle in January. Others have reported occasional mid-cycle reporting from several different issuers ...
Message 3 of 6
Anonymous
Not applicable

Re: CC balance updated in the middle of the month?

GE did the same thing to me last month they reported 3 accounts I have with them twice in one month. I'm not sure why this was done when your trying to play the utility game it kind of messes u up.
Message 4 of 6
Anonymous
Not applicable

Re: CC balance updated in the middle of the month?

Prior to Chase taking over WAMU, WAMU would update balance about 1x per week.  I stopped using the card.  Then when the Chase announcement came out, they stopped reporting but once per month the last 2 months prior to move.
Message 5 of 6
PayingTheBills
Frequent Contributor

Re: CC balance updated in the middle of the month?

Cool. As long as it reports on the statement date like it should, I'm not concerned about it.  I'll get those points right back in 9 days. Smiley Happy

Starting Score: 540 EQ 517 TU on 11/17/08
Current Score: 668 EQ 726 TU
Goal Score: 760 EQ 760 TU


My Credit Repair Journal
Message 6 of 6
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