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Discover reporting, consecutive CLI's.

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YahComb
Established Contributor

Discover reporting, consecutive CLI's.

So at the end of february i received two CLI's on my discover it. My statement cuts on the 25th, and one cli happened just before the 25th, the other one just after.

 

So of course, i expected  no CRA update on the february 25th statement. But i was wondering if the march 25th statement would update on my CRA's wth the first CLI, since it happened before the february statement closed.  As i thought might happen, NOPE.

 

So be wary if you have 2 consecutive statements with a a change to your discover card, it's a bit more accurate to say it "wipes out" reporting for the next statement instead of "skips a statement"

 

note i was on zero balance on the january 25th statement so it doesn't actually matter to me really

EQ-736(08/14) TU-752(09/14)
Newest to Oldest
Barc Sallie Mae 6K | Citi TY Pref 4.5K | US Bank Cash+ 10K | Chase Freedom 11.7K | Disc It 10.5K | Amazon Store 2.5K | BOA Cash Rewards 10.5K |

Closed Cards: 4 Oldest: 3yrs AAOA: 2yrs
Message 1 of 4
3 REPLIES 3
Luscher
Valued Contributor

Re: Discover reporting, consecutive CLI's.

In order for discover to report to the CRA, you need to have used the card that month......

so say you don't use it for 3 months, it won't report for those months button the 4th month u use it, it will report for that month and report for the previous 3 months as positive history.
CHASE FREEDOM | AMEX BCE | | BOFA REWARDS | CITI TYP | Quicksilver | DISCOVER IT | Sallie Mae | CHASE CSP
--------$32,000-------------$30,000-----------$30,000-----------$30,000-----$13,000---------$18,200----------$15,000---------$6,500----

FICO - TU: 780 EX: 784 EQ: 781
Message 2 of 4
YahComb
Established Contributor

Re: Discover reporting, consecutive CLI's.


@Luscher wrote:
In order for discover to report to the CRA, you need to have used the card that month......

so say you don't use it for 3 months, it won't report for those months button the 4th month u use it, it will report for that month and report for the previous 3 months as positive history.

another quirk, though it makes sense, but a separate issue. No amount of use will make it report if you get a cli.

EQ-736(08/14) TU-752(09/14)
Newest to Oldest
Barc Sallie Mae 6K | Citi TY Pref 4.5K | US Bank Cash+ 10K | Chase Freedom 11.7K | Disc It 10.5K | Amazon Store 2.5K | BOA Cash Rewards 10.5K |

Closed Cards: 4 Oldest: 3yrs AAOA: 2yrs
Message 3 of 4
Luscher
Valued Contributor

Re: Discover reporting, consecutive CLI's.

They take a long time for cli to report. it sux
CHASE FREEDOM | AMEX BCE | | BOFA REWARDS | CITI TYP | Quicksilver | DISCOVER IT | Sallie Mae | CHASE CSP
--------$32,000-------------$30,000-----------$30,000-----------$30,000-----$13,000---------$18,200----------$15,000---------$6,500----

FICO - TU: 780 EX: 784 EQ: 781
Message 4 of 4
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