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tony_stewartfan20
Posts: 4
Registered: ‎08-09-2011
0

CC balances paid off but not yet reported

How long does it usually take for a pay off to be reported on the CR? Trying to bring score up from 660 in hopes of an auto loan but slow reporting is making me anxious! Sure seemed like they reported when there were balances...! One is HSBC and the other is a local credit union.

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mauve
Posts: 2,487
Registered: ‎02-18-2010
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Re: CC balances paid off but not yet reported

 

It depends on the company.  Typically, around the statement date.  Some at the end of the month. 


Starting Score: EQ 583 TU04 619 EX 592 (lender pull) 2010
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KIPPIE12
Posts: 620
Registered: ‎05-09-2009
0

Re: CC balances paid off but not yet reported

Depends on what date the statement cuts with the particular creditor (s) you paid off. Generally  within a couple of days after statement date cycles, it will hit your reports with the balance reported. 

Current Score: EQ: 807 TU: 811 EX: 813 (Fico) 8/14
Goal Scores: 760 Across all 3-Finally


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