Credit Cards

[SoCalBound]

Does GECRB always do reporting prefirst statement? Other than their intial new account/0 balance days after the app, that is.

I was trying to keep my new cards clean, but that tricky GECMB/Paypals account got me.  They reported originally a new line of credit with 0 balance on August 20th, on August 28 I made a Paypal purchase of $76 dollars and paid it in full 2 days later. Apparently I waited too long to pay as they reported that $76 to the credit agencies already as a balance and my first statement has yet to close.

[Jlu]

So glad I took the time to read this very informative thread.

[youngandcreditwrthy]

GE reports within days of acct opening regardless of statement date.... Which seems smart if you're a creditor... GECRB prob knows the game we play with our 'app sprees' hahaha! :-P

[SoCalBound]

Yes, I knew it would report within days of my app, but it ninja reported a second time, immediately after my first purchase, prior to my first closing date. Caught me a bit off guard.