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Frequent Contributor
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
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
Posts: 599
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
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Closed Cards: 4 Oldest: 3yrs AAOA: 2yrs
Established Member
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
Posts: 1,413
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
Posts: 635
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 $30K | FNBO Visa $25K | Citi Forward (grandfathered 5x Restaurants!) $14.5K | US Bank Cash+ Visa Sig $15K | Priceline/Barclays $15K | Chase Freedom $10.5K | Amazon/Chase Visa Sig $8.3k | Southwest Premier $7.8K | BoA Cash Rewards 1-2-3 Sig $7.5K | Fidelity AMEX $7K | Citi Double Cash $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 | Younkers/Comenity $2.4K | AMEX BCE $3K | Target $1K | EX FICO (from AMEX): 762, TU08 FICO (from Discover): 763, AAoA: 4.3 years
Frequent Contributor
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)

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Senior Contributor
Posts: 6,279
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!
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