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Established Contributor
LesWH
Posts: 608
Registered: ‎10-11-2012

Lowe's wasted no time reporting!

I opened Lowe's 11/11/2012 and it reported 11/11/2012!!! The 3500 limit has helped my utilization! I'm now at 8%, and should be much lower in the next few days as two more zero balances will report! 


NFCU Signature Visa Cash Rewards, NavChek, Citi AA AMEX, Cap1 Cash Rewards, Discover IT, Home Depot, Sears, Walmart, Chase Freedom, AMEX Green, Lowe's, AMEX BCE, Chase Sapphire Preferred, AMEX Hilton Honors Surpass, PayPal Extras MC, PenFed Platinum Cash Rewards, AMEX Platinum

GC Challenge: App Free since 1/8/13. No more apps til 2014






Established Contributor
thankfulheart
Posts: 618
Registered: ‎09-26-2011

Re: Lowe's wasted no time reporting!

You got that straight. Not only did they not waste time reporting, they also reported my opening balance as I used the card immediately to buy appliances for my new house. OUCH!  Score dropped like a rock.  Oh well, at least it will improve with time.

Starting Score: 10/1/2011 EQ 568 TU 593
Current Score: EQ 664 TU 700 EX 701 (FAKO)

Frequent Contributor
Hammer23
Posts: 424
Registered: ‎01-21-2012

Re: Lowe's wasted no time reporting!


thankfulheart wrote:

You got that straight. Not only did they not waste time reporting, they also reported my opening balance as I used the card immediately to buy appliances for my new house. OUCH!  Score dropped like a rock.  Oh well, at least it will improve with time.


Def a better strategy to open the card first then use it after it reports if you can. 

 

Mine reported next day as well! 

WF Home Projects Visa $8500 / Towpath CU Visa $7000 / Chase Freedom Visa $5500 / Cap 1 QS Visa Sig $5000 / Barclaycard Ring MC $5000 / GE Lowes $5000 / Citi Best Buy MC $4250 / Barclaycard Rewards Visa $4000 / BFG CU Visa $3500 / Citi Sears$3000 / WF Visa $2000 / GE Walmart $1900 / GE Care Credit $1900 / GE Amazon $1400 / Cap 1 Kohls $1000 / GE Old Navy $800 / Webbank Fingerhut $700
Established Contributor
Cadillac-XTS
Posts: 1,837
Registered: ‎08-20-2012

Re: Lowe's wasted no time reporting!

Congrats on your approval

Established Contributor
LesWH
Posts: 608
Registered: ‎10-11-2012

Re: Lowe's wasted no time reporting!


thankfulheart wrote:

You got that straight. Not only did they not waste time reporting, they also reported my opening balance as I used the card immediately to buy appliances for my new house. OUCH!  Score dropped like a rock.  Oh well, at least it will improve with time.


I am so glad that I didn't use mine yet.  Now it gives me time to use it if I wish, and have it paid off before it reports again!

 


NFCU Signature Visa Cash Rewards, NavChek, Citi AA AMEX, Cap1 Cash Rewards, Discover IT, Home Depot, Sears, Walmart, Chase Freedom, AMEX Green, Lowe's, AMEX BCE, Chase Sapphire Preferred, AMEX Hilton Honors Surpass, PayPal Extras MC, PenFed Platinum Cash Rewards, AMEX Platinum

GC Challenge: App Free since 1/8/13. No more apps til 2014







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