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Cash Advance from CC. Does it show up on Credit report?

New Contributor

Cash Advance from CC. Does it show up on Credit report?

1. Can someone tell me if you take Cash Advance from CC, does it show up on Credit report? If so, does it show up right away or few days or a month later?

 

2. Also, if you take cash over from discover more CC also. If so, does it show up right away or few days or a month later?

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Senior Contributor

Re: Cash Advance from CC. Does it show up on Credit report?

I'm pretty sure the only thing that shows on your credit report is your balance.  There's no special indication as to whether the balance is a cash advance balance or a purchases balance.  I've never seen anything like that.


Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720


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Message 2 of 7
Established Contributor

Re: Cash Advance from CC. Does it show up on Credit report?

Cash advances don't show up on your credit report, but the increased balance on your credit card will show up if you don't pay it off before the statement comes out.

 

 

And Discover cash over isn't considered a cash advance, its treated like a regular purchase.

Discover IT $35K | FNBO Visa $30K | Cash+ Visa Sig $19.5K | Southwest Premier $16K | Priceline $15K | Citi Forward $14.3K | US Bank Plat $14K | Commerce Bank $13K | CSP $13K | CSR $10K | Sallie Mae World MC $10K | Lowe’s Consumer 10K | BoA Cash Rewards 1-2-3 Sig $7.5K | Fidelity Visa $7K | Citi Double Cash $6.5K | WF Cash Back Visa $5.4K | Capital One Cash Rewards $5K | AMEX BCE $3.9K | Freedom $2.5K | Younkers/Comenity $2.4K | Kohl’s 1.5K | Target $1.4K | EX FICO (from AMEX): 768, TU FICO (from Discover): 797, AAoA: 4.4 years
Message 3 of 7
New Contributor

Re: Cash Advance from CC. Does it show up on Credit report?

Okay thanks for your quick responses.

 

I was also wondering that if you take out Cash advances does it show up and get updated on credit report quicker than just a regular purchase?

Message 4 of 7
Senior Contributor

Re: Cash Advance from CC. Does it show up on Credit report?


improvent363 wrote:

Okay thanks for your quick responses.

 

I was also wondering that if you take out Cash advances does it show up and get updated on credit report quicker than just a regular purchase?


when i had one with CU they updated cash advance transaction balance off cycle even though balance was PIF before statement date Smiley Mad (the advance was in the form of an overdraft)

DCU EQ 5.0, Citi EQ 08 Bankcard, PenFed EX NG2
EX 08: AFCU, Amex, Chase, PSECU EX 98(?)
TU 08: Barclays, Discover
Message 5 of 7
New Contributor

Re: Cash Advance from CC. Does it show up on Credit report?

@score_building How long was that?

Message 6 of 7
Senior Contributor

Re: Cash Advance from CC. Does it show up on Credit report?


improvent363 wrote:

@score_building How long was that?


you're asking when this happened... it was a couple of months ago.

DCU EQ 5.0, Citi EQ 08 Bankcard, PenFed EX NG2
EX 08: AFCU, Amex, Chase, PSECU EX 98(?)
TU 08: Barclays, Discover
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