Reply
Frequent Contributor
LionLaw
Posts: 258
Registered: ‎06-10-2012
0

Discover didn't update my CRs last month... Why?

My Discover statement cuts on the 17th.  My November statement had a $0 balance.  In December, I got a CLI from $1000 to $2000, and I had a balance of about $1600 when my statement cut.  However, on all 3 of my CRs, my Discover is still showing my November info.  I've had Discover fail to update before (e.g. when I had a zero balance for months on end), but never for a month where I had a balance.  Has anyone else had a similar experience? If my CRs don't update after my January statement cuts, I think I'll give Discover a call.


Starting Score: 617 (EQ 6/10/12)
Current Score (8/28/13): EQ: 691 EX: 706 TU: 700
Goal Score: 700

Discover it $4,500 (02/2001); Amex PRG (Backdated to 01/2006); Amex ZYNC (Backdated to 07/2006); Wells Fargo Cash Back Visa $5,500 (12/2011); Citi Diamond Preferred MC $2,000 (07/2012); B of A Cash Rewards Visa Signature $5,000 (02/2013)

Valued Contributor
chnceit
Posts: 1,524
Registered: ‎08-17-2008
0

Re: Discover didn't update my CRs last month... Why?

Yup thats Discover for you, they report when they feel like it


$100K in Credit
Last Credit Card App: 11/16/13
Established Contributor
YahComb
Posts: 595
Registered: ‎03-10-2012
0

Re: Discover didn't update my CRs last month... Why?

Discover likes to skip updating for 1 statement when you get a cli
EQ-736(08/14) TU-758(06/14)
Newest to Oldest
Barc Sallie Mae 6K | Citi TY Pref 4.5K | US Bank Cash+ 10K | Chase Freedom 7.5K | Disc It 9K | Amazon Store 2.5K | BOA Cash Rewards 10.5K |

Closed Cards: 4 Oldest: 3yr AAOA: 25.8 mo
Established Member
KS13
Posts: 53
Registered: ‎01-06-2013
0

Re: Discover didn't update my CRs last month... Why?

Yeah have the same issue. 

 

they increased my credit limit about two months ago, but the credit report is still showing old credit limit. 

Valued Contributor
MrShush
Posts: 1,412
Registered: ‎04-18-2008
0

Re: Discover didn't update my CRs last month... Why?


YahComb wrote:
Discover likes to skip updating for 1 statement when you get a cli

That is exactly what I was going to suggest. Every time I get a cli, Discover takes a statement cycle off in reporting.

Established Contributor
andre181
Posts: 626
Registered: ‎07-29-2010
0

Re: Discover didn't update my CRs last month... Why?

Everytime I get a CLI from Discover, they don't report that month. Not sure why, but I've gotten used to it.

Discover IT $24K | FNBO Visa $20K | Citi Forward $12.5K | US Bank Cash+ Visa Sig $10K | Priceline/Barclays $10K | Amazon/Chase Visa Sig $8.3k | Citi ThankYou Preferred $6.5K | BoA Cash Rewards 1-2-3 Sig $7.5K | Sallie Mae World MC/Barclays $5K | Capital One Cash Rewards $5K | Commerce Bank $5K | WF Cash Back Visa $3.6K | Amazon/GEMB $2.5K | Younkers/Comenity $2.4K | AMEX BCE $2K Target $1K | AMEX Green
EX FICO (from AMEX): 754, TU08 FICO (from Discover): 755, AAoA: 3.6 years
Frequent Contributor
LionLaw
Posts: 258
Registered: ‎06-10-2012
0

Re: Discover didn't update my CRs last month... Why?

Interesting! Come to think of it, the last time they skipped a month coincided with my last CLI. Good to know! And I'll be sure to have a zero balance reporting the next time I request a CLI from Discover.

Starting Score: 617 (EQ 6/10/12)
Current Score (8/28/13): EQ: 691 EX: 706 TU: 700
Goal Score: 700

Discover it $4,500 (02/2001); Amex PRG (Backdated to 01/2006); Amex ZYNC (Backdated to 07/2006); Wells Fargo Cash Back Visa $5,500 (12/2011); Citi Diamond Preferred MC $2,000 (07/2012); B of A Cash Rewards Visa Signature $5,000 (02/2013)

Senior Contributor
youngandcreditwrthy
Posts: 6,211
Registered: ‎08-16-2012
0

Re: Discover didn't update my CRs last month... Why?

I think it's a good thing ... They prob feel, that you as a creditworthy customer, aren't very risky... Think about the affect and timing of reporting... I know when all of my accts typically report, and so I plan my credit use accordingly... Of course, they could be being unpredictable for that reason haha! Discover hasn't mis-cycle reported on me at all.. And they took MONTHS to report. I didnt even owe them a payment the first two months I had an 800$ balance haha!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k| West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+