PSECU Visa/PSL Combo

[singulardedication]

How does the PSECU Combo report Utilization since it is a shared limit?

For example, 10k combo, if you used 5k on Visa.  Of course the Visa would report 50% util but would the PSL report 50% or 0% utilization?

I saw some old threads reporting their may have been a delay in reporting of the TL to CRA?  Is the statement date = due date + ~5 days?

[LS2982]

I would like to know this info. too, hope a myFICO expert can chime in on this!

[stan_the_man]

---

@singulardedication wrote:

How does the PSECU Combo report Utilization since it is a shared limit?

For example, 10k combo, if you used 5k on Visa.  Of course the Visa would report 50% util but would the PSL report 50% or 0% utilization?

I saw some old threads reporting their may have been a delay in reporting of the TL to CRA?  Is the statement date = due date + ~5 days?

---

I should preface this response by saying that I don't have this product, but my understanding is that it works like this.

You have two trade lines that each have a $10K limit; however, you can only draw a maximum combined balance of $10K from them.

So, your CC would report $5K/$10K, which the PSL would report $0/$10K.

[visorboy1974]

stan_the_man is correct.