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Established Contributor
Posts: 739
Registered: ‎06-30-2007

I think I need to chrage something to my Cap 1 to get them update balance reported to CRA

I paid off my cap 1 I've been paying on, not using it, leaving a credit balance of $1.31
 
I remember reading if only activity on the account is a payment , and no charges or intrest is accured, then you don't get a statement. lmao
People say "Only apply for credit you NEED"

I say "apply for credit you have PRATICAL use of"

I don't have AMEX card because I don't want a card that suffers from PMS
Established Contributor
Posts: 739
Registered: ‎06-30-2007

Re: I think I need to chrage something to my Cap 1 to get them update balance reported to CRA

[ Edited ]
I bought a soda at a local convince store for $1.07 so I''m will get a statement just in case.
 
Then I got to thinking that they SHOULD update my acount my account regardless if they issue a statement or not. I wouldn't put it past them, being as the already try to destroy your good credit by not reporting your CL, I could "see" how easy it would be for them to "forget" to report the new balance to the CRA, since wouldn't have to generate a statement.


Message Edited by rbbyrbsn on 07-27-2007 11:09 AM
People say "Only apply for credit you NEED"

I say "apply for credit you have PRATICAL use of"

I don't have AMEX card because I don't want a card that suffers from PMS

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