Credit Cards

[Steelersfan904]

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

[The_Gardener]

ouch. but it is cap one..

[lithium78]

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

[compassion101]

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

[Dadaluma83]

^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.

[migliogiorni]

What the previous 2 posters said.

[SpiceIslander]

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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

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

[Steelersfan904]

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migliogiorni wrote:

What the previous 2 posters said.

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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

[UFGuy2006]

You will gain this points back when it reports as zero. In due time your scores should even go higher.

[LS2982]

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