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Regular Contributor
Cyan007
Posts: 237
Registered: ‎08-02-2009
0

GEMB Reporting.. Wow!

They don't mess around.  Once you make a charge it almost gets instanstly reported.  Once you make a payment it's up to 60 days before the reported balance gets reduced.

 

Just thought I'd throw that out there...


EQ (11/16/2007): 573

Starting Score (1/1/2010): EQ: 712 -- TU: 726
Current Score: EQ: 748 (12/22/11) -- TU: 726 (1/7/10) -- TU04: 701 (1/27/10) -- EX: 747 (1/27/10) (LO)
Goal Score: EQ: 760


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Valued Member
Too_much_debt
Posts: 40
Registered: ‎08-11-2007
0

Re: GEMB Reporting.. Wow!

Sounds like a bunch of schmucks....
TU 680; EQ 690; EX 670
Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009
0

Re: GEMB Reporting.. Wow!

[ Edited ]

That sounds very likely. Typical GEMB behavior.

 

That is one thing I do not like about Macys - instant reporting of increased balances. At least they promptly report again at the end of the cycle.

Message Edited by creditwherecreditisdue on 08-22-2009 02:30 AM
Community Leader
Senior Contributor
laz98
Posts: 4,336
Registered: ‎09-06-2008
0

Re: GEMB Reporting.. Wow!

can't say that i have had that experience.
Latest scores: Walmart TU: 769. MyFICO TU: 769. DCU EQ: 755. MyFICO EQ: 780. PSECU EX: 756. MyFICO EX: 780.
Valued Contributor
mjbfan79
Posts: 1,998
Registered: ‎03-31-2008
0

Re: GEMB Reporting.. Wow!


laz98 wrote:
can't say that i have had that experience.

 

I agree...

Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


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Super Contributor
marty56
Posts: 5,696
Registered: ‎10-06-2007
0

Re: GEMB Reporting.. Wow!


Cyan007 wrote:

They don't mess around.  Once you make a charge it almost gets instanstly reported.  Once you make a payment it's up to 60 days before the reported balance gets reduced.

 

Just thought I'd throw that out there...


 

Happens to me all the time.  I put a $38 charge on my Sams card and it shows up the next day and I'm still waiting for it to show 0 balance after paying it on July 7th.  I want no revolving debt to report to see what happens with my TU score since I got my mortage refi and made 1 payment on it.

 

This gives my an idea for a General Question thread.

 

11/28/2014 FICO: EQ: 796 EX:788 TU:803
Valued Contributor
mjbfan79
Posts: 1,998
Registered: ‎03-31-2008
0

Re: GEMB Reporting.. Wow!

[ Edited ]

marty56 wrote:

Cyan007 wrote:

They don't mess around.  Once you make a charge it almost gets instanstly reported.  Once you make a payment it's up to 60 days before the reported balance gets reduced.

 

Just thought I'd throw that out there...


 

Happens to me all the time.  I put a $38 charge on my Sams card and it shows up the next day and I'm still waiting for it to show 0 balance after paying it on July 7th.  I want no revolving debt to report to see what happens with my TU score since I got my mortage refi and made 1 payment on it.

 

This gives my an idea for a General Question thread.

 


 

This never happens to me an i have 5 accounts with GE. Must be something new that's going on.
Message Edited by mjbfan79 on 08-22-2009 08:47 AM

Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


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