I think If Nordstrom isnt gonna no longer report to the credit bureaus, they should at least notify their customers, it would be good customer service to do so anyway, they wont tell you that they no longer report when you call to request an update , I called and requested a manual update which they did but they just updated the balance not the history part and the credit bureaus still show the history as of August 2009, not updating age and history of account, i realize that creditors are not required to report to bureaus. but if they change policy and no longer report they should notify us.
I think this is something that we will be seeing a lot more of. If Credit Card companies lose sources of income, then they will try to make up for it in other ways.
Although the amount to report an account may be small, if you have a million or more accounts, PLUS report to 3 credit bureaus it makes a rather significant amount of money each month.
I have called like 6 times and they say that they report monthly, I tell them that there must be a glitch in thier new system or something,
I think they stopped reporting when their website changed a bit. Still, it's been three months. Long time to fix a bug if thats what it really was. If it stays like this the bright side for some is that it will become a hidden tradeline like the UMB partner cards and business cards. For some a non-reporting tradeline as a plus. You could use the Nordstrom Visa card to hide utilization from your other creditors if it continues to be a non-reporting credit card..
July: EQ, TU
Sept: EX (history updated but not balances or visa upgrade)
I called Nordstrom to request a manual credit bureau update, they said they have resolved the issue with their software and that they are now reporting again,but they havent updated my credit files yet, is anyone that has a nordstrom visa getting there credit report updated now?? did they really fix the reporting issue as they told me??
not as of today, if the rep you spoke to was on point, sounds like it should happen soon.