08-29-2013 03:54 AM
08-29-2013 04:28 AM
Not sure if its just me or this seems to be a problem with Discover, since I remember reading something similar to this.
My discover has yet to update to the CRAs for the past 2 months. Been paid off, but its still reporting the balance from early July. Problem is that balance is 95% of my CL, so its the only ugly thing on my CR now.
Does anyone else has this issue with discover?
If I am to call them to have them correct this issue, how long does it usually take, and would they report the current balance, or most recent statement balance?
Thanks in advance!
Don't know why that happens sometimes. Just checked and they are up to date on mine. It definitely doesn't hurt to call and their CSRs are generally nice and maybe they can help you. Unfortunately the law states that creditors aren't required to update every month, only that whenever they do it must be accurate; so it would be the last statement balance...
08-29-2013 05:45 AM
08-29-2013 06:34 AM
Yes, this is very common. Now, if you have any account updates/changes to your Discover profile, then that may generate a quicker update (mid-cycle). But, on an ongoing basis, they are sporadic with their reporting.
08-29-2013 10:37 AM
08-29-2013 10:56 AM
08-29-2013 12:54 PM
I have the same issue I got my cl increased to 5k ftom 1.7 and it is not updated yet
Yes, Discover almost never reports the month after giving a CL. I don't know why. But they're ALWAYS very good about honoring requests for mid-cycle reports. So any time they don't report when you need them to, just drop an email or call them and your problem will be over in a couple of days.
08-29-2013 01:16 PM
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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.