@Anonymous wrote:It would only be reported if it was at the end of the billing cycle, and the statement is cut...otherwise no biggie
As noted in earlier posts Chase has been known to report to CRAs multiple times during a cycle, so its not necessarily reported only at the end of the billing cycle. That being said there is nothing to be done at this point and down the line it could end up helping you with other lenders if they see the high balance.
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