Credit Card Center Advertiser Disclosure†
02-28-2010 04:56 AM
I have a kay's jewelery card that had a $102 balance, I PIF last month and they just updated my CR's, but they are still showing a balance of $102 when it should be showing a $0 balance for this card. Can I contact Kay's and ask that they update my CR to show the correct balance right now?
02-28-2010 06:36 AM
Hi Gibran...is there a credit-seeking reason that you need it reported right away? Is this $102 balance a make or break deal? If so, you can call them. You may just get the standard "it'll update" comment, however.
If you just want it updated to know if it helps your score, just give it time.
02-28-2010 06:44 AM
Yep it was basically just a score thing, I'm not app'ing for any new credit anytime soon, I just like seeing a $0 balance when I'm looking at my CR . I'll just let wait and let it update since I won't be using the card no time soon. Thanks for responses
02-28-2010 06:55 AM
I totally understand. We're all curious.
I've learned not to mess with things if I don't have to. I know this isn't about disputing, but one month, with one of the CRAs, I disputed an account showing up twice. It had a balance on the card, and it bothered me that the balance was counted twice in my utilization. I wasn't apping for credit or anything...just my OCD kicking in. Well, they deleted both listings. I've never seen that account back on that credit report since.
I don't dispute or ask a creditor to change reporting unless it's vital that it happens now. You never know what button they're going to push, and...often...you are left with trying to re-fix it, which is a lot tougher than waiting to see if it resolves on its own.
02-28-2010 08:07 AM
You're both right about that, I've already been in that situation before also. Even showing a $102 balance it's not really hurting my score since I have a decent CL on the card so my util is still pretty low. If it isn't broke....we all know the rest
02-28-2010 07:38 PM
02-28-2010 08:38 PM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.