11-05-2007 02:52 PM
Hi, does anyone know how long it takes for the credit bureaus to reflect any major payments to the credit card companies?
Depends on when our creditors report and what balances they report.
11-05-2007 03:49 PM
11-05-2007 05:27 PM
11-05-2007 05:34 PM
11-05-2007 05:59 PM
11-05-2007 06:11 PM - edited 11-05-2007 06:11 PM
11-05-2007 06:28 PM
TheCynicalOne wrote:I'm seriously considering sitting down and calling every CC company and finding out the exact day they report balances. There's such a discrepancy in reporting...like do they report the same day the statements go out or do they automatically report the same day for all the accounts no matter what the account is?
11-05-2007 06:30 PM
Technically then, cell phone companies don't have PP to pull your report, yet you can't get any non-prepaid cell service from a major carrier without a credit check. I think the rationale is that if it's not prepaid, then technically it is a credit account since they are offering one month terms, so they do have PP. They just don't report becaue they don't have to, and because they would have to pay for it if they did.
Cooneyca wrote:Befpre then it's not really a credit/loan account. Just an agreement to pay for services.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.