Reply
Senior Contributor
Posts: 3,322
Registered: ‎05-05-2011
0

Closing Capital One ?

My oldest Cap One is coming up on a year next month, so I want to close it before the AF hits. I was wondering how long they generally take to update the info that the acct. has been closed to the CRBs. (Wondering since it's going to affect my util.)

 

Thanks! Smiley Happy

 

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+

Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!

Valued Contributor
Posts: 1,297
Registered: ‎10-31-2011
0

Re: Closing Capital One ?

I've found that any "update" to an account be it a new CL or different balance or open/closed status depends on the normal cycle of that accounts. In other words, some of my accounts seem to be lagging any update by a month (mostly GE accounts) meaning my current 2.26.12 CR is showing "as of 01/2012". Most of my accounts are updated within a few days (maybe a week) after the statement cuts, this generally includes my Cap-1 accounts (I have one that closes on the 7th and another that closes on the 19th).

 

I don't think if you close the account today that it will show up on your CR tomorrow, but more so when it usually does a few days after the statement is scheduled to close. I have noticed, especially with Capital One, that new accounts post quickly to CRs, usually within a week of being opened. Can't say if this is normal for everyone.... 

Established Contributor
Posts: 913
Registered: ‎06-09-2011
0

Re: Closing Capital One ?

Mine reported as closed as soon as my next statement cut/posted (so the usual 2-3 business days after the closing date).

HSBC, on the other hand, is still showing up as open .. after 2 months.

EQ 679 FICO (02/24/2012)
TU 721 FICO (03/10/2012)
EX 703 FICO (05/05/2012)

Cards: NFCU cashRewards $14k, NFCU Platinum $14k, USAA Amex $7k, Amazon Visa $3k, Chase Freedom $2.5k, Amex Zync NPSL, Discover More $1k, Amazon Store $1.3k, Walmart Store $700
Regular Contributor
Posts: 177
Registered: ‎10-14-2011
0

Re: Closing Capital One ?

Mine had also reported a few days after the statement date.

Senior Contributor
Posts: 3,322
Registered: ‎05-05-2011
0

Re: Closing Capital One ?

Okay, thanks! I didn't know if it reported right away, like a new acct. does. Smiley Happy

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+

Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!

Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: Closing Capital One ?


bichonmom wrote:

My oldest Cap One is coming up on a year next month, so I want to close it before the AF hits. I was wondering how long they generally take to update the info that the acct. has been closed to the CRBs. (Wondering since it's going to affect my util.)

 

Thanks! Smiley Happy

 


If you do it before the statement closing date (ex. closing date is 2/28 you do it today it will update 3/27)




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.