06-30-2009 08:57 AM
06-30-2009 02:51 PM
I did a BT with USBank, was told they were mailing a check. Took 7 days from request to posting on the other account. Realistically, I would give it 7-10 days. I did get hit with the balance posting on both accounts though. But unless you are planning to apply for something else, really doesnt matter because your scores will bounce back the following reporting period. And if I remember correctly there was no change to my fico scores, but I did not have large balances on cards or high overall utilization.
07-01-2009 07:11 AM
Thanks for the reply. Well, the transfer would have had to have been processed by the end of the day yesterday in order for my US Bank CC to report $0 for this month (they always report the balance from the last day of each month rather than the statement balance), but it didn't happen. Now, I will just have to hope my Cabela's account reports before the transfer happens. I have only had this card for about 2 months, and I haven't really taken a look at when they report.
Look like my credit is going to look pretty rough as far as UTL goes for the next 30 days. I won't be applying for anything anyway, but, like most everyone else, I am living in constant fear of CLD's, so hopefully this will not burn me somewhere.