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Regular Contributor
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Registered: ‎05-04-2012
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Capital One! UGH! Updated Mid-Cycle!

Has Capital One did this to anybody else? They finally reported my new card on August 6th to All 3 CBA and I had a $0 balance then I get an alert this morning saying one of my account balances increased....WTH I thought so I check and C1 reported my balance of $167! Why would they do this mid-cycle? I lost 14 freaking points



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Registered: ‎08-14-2012
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Re: Capital One! UGH! Updated Mid-Cycle!

ouch. but it is cap one..

In my wallet, Discover More, BOA 1 2 3. AMEX PRG (au)

EX-722(AMEX DENIAL)
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Established Contributor
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Registered: ‎07-30-2011
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Re: Capital One! UGH! Updated Mid-Cycle!

I lost 3 points in the same way.  They are a ridiculous CC company.


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Established Contributor
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Re: Capital One! UGH! Updated Mid-Cycle!

Might seem like a pain but unless you are applying for credit this month it shouldn't really mean anything to you

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Registered: ‎08-23-2011
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Re: Capital One! UGH! Updated Mid-Cycle!

^This

 

Unless you were planning on apping for credit this month and needed to have the best score possible. Reporting a balance is a non issue.

FICO Scores: TU: 768 (Jan 2012), EQ: 755 (Jan 2012 Lender pull)
Established Contributor
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Re: Capital One! UGH! Updated Mid-Cycle!

What the previous 2 posters said.

 

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Re: Capital One! UGH! Updated Mid-Cycle!


Steelersfan904 wrote:

Has Capital One did this to anybody else? They finally reported my new card on August 6th to All 3 CBA and I had a $0 balance then I get an alert this morning saying one of my account balances increased....WTH I thought so I check and C1 reported my balance of $167! Why would they do this mid-cycle? I lost 14 freaking points


14 points seem like a whole lot for 167.00! That's downright scary.

Meg.

FICO: 03/2015 - TU 768 | EQ 783 | EX 775

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Re: Capital One! UGH! Updated Mid-Cycle!


migliogiorni wrote:

What the previous 2 posters said.

 


I get that part but when you are rebuilding credit any downward score fall is not going for the moral lol. Hopefully I will gain it all back



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Re: Capital One! UGH! Updated Mid-Cycle!

You will gain this points back when it reports as zero. In due time your scores should even go higher.
FICO: EX: 743 (6/15); TU: 760 (6/15); EQ 722 (5/15)
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Re: Capital One! UGH! Updated Mid-Cycle!

They did that when I was a new customer too. Yes, it does suck Smiley Sad



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