Reply
Valued Member
soleilbabe
Posts: 49
Registered: ‎11-02-2012
0

OMGoshers why does Discover take so long to report???

I was approved for a Discover More card early November and a Chase card about a week later. The chase card has been a new tradeline for at least 3 weeks now and still nothing for Discover. I only really care b/c the Discover has a nice limit and I want the boost in my score. How long does Discover usually take to report?

In my wallet: Discover More $11,300 11/2/12 | Chase Freedom $500 11/8/12

Initial 10/14/12 (Free Score): TU 621 /EQ 621 /EX 618
Current: 1/13/13 (Free Score): TU 708 /EQ 677 /EX 698
Initial EQ FICO: 670 11/2/12
Current EQ FICO: 698 1/13/13

Blogger
HiLine
Posts: 2,905
Registered: ‎10-19-2012
0

Re: OMGoshers why does Discover take so long to report???

One month plus several days. You'd have to wait till the first statement closes. 

Valued Member
soleilbabe
Posts: 49
Registered: ‎11-02-2012
0

Re: OMGoshers why does Discover take so long to report???

I understand that, but I've yet to have a statement close for Chase either and they have already reported...And from reading other posts Discover is known to take a long time for the initial report.

In my wallet: Discover More $11,300 11/2/12 | Chase Freedom $500 11/8/12

Initial 10/14/12 (Free Score): TU 621 /EQ 621 /EX 618
Current: 1/13/13 (Free Score): TU 708 /EQ 677 /EX 698
Initial EQ FICO: 670 11/2/12
Current EQ FICO: 698 1/13/13

Frequent Contributor
sakhalin070
Posts: 292
Registered: ‎08-28-2012
0

Re: OMGoshers why does Discover take so long to report???

[ Edited ]

Mine didn't report until November 23rd, and I got the card on October 4th.  A user from another forum said that his or her Discover card took SIX months to report! o.O

 

EDIT: OP - Wow, your Discover limit is really nice!  Especially compared to your Freedom limit...that's quite a contrast.

AMEX BCE, Discover IT, Citi Forward, BoA Travel Rewards

FICO: TU 781 EX 776 Last App: November 2012
Blogger
HiLine
Posts: 2,905
Registered: ‎10-19-2012
0

Re: OMGoshers why does Discover take so long to report???

Discover and American Express are very similar in this regard. No other lender I know takes that long to report new accounts. 

Valued Member
soleilbabe
Posts: 49
Registered: ‎11-02-2012
0

Re: OMGoshers why does Discover take so long to report???


sakhalin070 wrote:

Mine didn't report until November 23rd, and I got the card on October 4th.  A user from another forum said that his or her Discover card took SIX months to report! o.O

 

EDIT: OP - Wow, your Discover limit is really nice!  Especially compared to your Freedom limit...that's quite a contrast.


Yeah I applied too soon for the Freedom card. When I called the backdoor number they told me they gave me that limit b/c they didn't see the Discover card and to request an increase once the Discover card reports. Lesson learned.

In my wallet: Discover More $11,300 11/2/12 | Chase Freedom $500 11/8/12

Initial 10/14/12 (Free Score): TU 621 /EQ 621 /EX 618
Current: 1/13/13 (Free Score): TU 708 /EQ 677 /EX 698
Initial EQ FICO: 670 11/2/12
Current EQ FICO: 698 1/13/13

Frequent Contributor
sakhalin070
Posts: 292
Registered: ‎08-28-2012
0

Re: OMGoshers why does Discover take so long to report???

Dang, AMEX takes awhile too?

AMEX BCE, Discover IT, Citi Forward, BoA Travel Rewards

FICO: TU 781 EX 776 Last App: November 2012
Established Contributor
migliogiorni
Posts: 657
Registered: ‎06-27-2012
0

Re: OMGoshers why does Discover take so long to report???

got mine in June and finally reported in nov...discover is super slow..

 

BOA: 8.9k
CSP: 5k
Discover: 5k
Citi TY Preferd: 5k
Wally: 5k
JCP: 4.9k
citiForward: 4.7k
ChaseFreedom: 4.5k
DFS: 2k
Regular Contributor
Tran92
Posts: 217
Registered: ‎09-25-2012
0

Re: OMGoshers why does Discover take so long to report???

You should had waited apping for the Freedom with a high limit like that on your Discover lol

TU 746 (10/13)
GOAL: 750+






Established Contributor
YahComb
Posts: 598
Registered: ‎03-10-2012
0

Re: OMGoshers why does Discover take so long to report???

It took 2 statements for discover to report. Also it seems they like to skip a statement reporting when you have account changes like a cli.

Amex took 1 statement for me-pretty standard.

EQ-736(08/14) TU-752(09/14)
Newest to Oldest
Barc Sallie Mae 6K | Citi TY Pref 4.5K | US Bank Cash+ 10K | Chase Freedom 11.7K | Disc It 10.5K | Amazon Store 2.5K | BOA Cash Rewards 10.5K |

Closed Cards: 4 Oldest: 3yrs AAOA: 2yrs

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+