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

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

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‎12-04-2012 11:08 PM

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

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HiLine
Posts: 2,063
Registered: ‎10-19-2012

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

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‎12-04-2012 11:16 PM

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

---> HiLine's personal finance blog - Follow my journey!  :smileylol:

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

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

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‎12-04-2012 11:22 PM

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

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Regular Contributor
sakhalin070
Posts: 222
Registered: ‎08-28-2012

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

[ Edited ]
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‎12-04-2012 11:23 PM - edited ‎12-04-2012 11:24 PM

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.


FICO: TU 781 EX 776
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HiLine
Posts: 2,063
Registered: ‎10-19-2012

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

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‎12-04-2012 11:24 PM

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

---> HiLine's personal finance blog - Follow my journey!  :smileylol:

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

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

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‎12-04-2012 11:29 PM

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

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Regular Contributor
sakhalin070
Posts: 222
Registered: ‎08-28-2012

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

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‎12-04-2012 11:39 PM

Dang, AMEX takes awhile too?


FICO: TU 781 EX 776
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Established Contributor
migliogiorni
Posts: 591
Registered: ‎06-27-2012

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

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‎12-05-2012 12:25 AM

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

 

Dallas Cowboys Fan :smileyvery-happy:
CSP: 5k
Wally: 5k
BofA: 4.9k
Chase: 4k
Citi: 3.5k
JCP: 2.4k
DFS: 2k
Discover: 1.25 k
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Regular Contributor
Tran92
Posts: 213
Registered: ‎09-25-2012

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

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‎12-05-2012 12:57 AM

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

TU 703 (1/13)
GOAL: 700+

As of Nov 2012







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Frequent Contributor
YahComb
Posts: 458
Registered: ‎03-10-2012

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

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‎12-05-2012 03:14 AM

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.

EQSW-698 (06/07/13)
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