Regular Contributor
Posts: 201
Registered: ‎01-21-2012

Negative Balance Reporting

[ Edited ]

I requested a refund of my $59AF on my BBRZ MC. Not realizing it, I now have a -$59  balance on my BBRZ and it may be reported on all 3 credit reports. Generally, it always reports a $0 balance while one of my other credit cards has a reporting balance of <10%.


How does a negative balance (think: overpaid) impact a FICO score?

BofA Cash Rewards Signature Visa 5k
Chase Freedom 9k
BBRZ MC 800 (SD)
Valued Contributor
Posts: 3,098
Registered: ‎01-26-2012

Re: Negative Balance Reporting

No.  It will report as 0 on credit report.

Established Contributor
Posts: 751
Registered: ‎02-11-2012

Re: Negative Balance Reporting

When you over pay a credit card balance due or recieve a credit/refund, thus creating a negative balance, reporting always shows ZERO.

Starting scores 01/02/2012 EQ 707(Fico) TU 733(Fico) EXP 735 (FAKO)
Updated scores 06/01/2014 EQ 797(Fico) TU 768(Fico) EXP 769 (Fico), EQ 849 (Next Gen 5/27/14 Penfed)

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