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Question about statement date and reporting

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teddingt
Regular Contributor

Question about statement date and reporting

Afternoon, This is my first post on this board but need a little guidance.   I have a cap1 secure and applied bank secure cards.   For one my statement date is around the 11th and it seems to show to CB 3 days later.  My question is do they report the balance from the statement date or what the balance is on the day they report.  Meaning if I pay off the card on my statement date reflecting a 0 balance and use it 2 days later which would report the 0 or the usage amount. 

 

Thanks

re bk
EQ 572 TU 540 EXP 545
Current
EQ 598 TU 556 EXP 557
Discharge
09.16.2016

Message 1 of 10
9 REPLIES 9
Rhaeny
Valued Contributor

Re: Question about statement date and reporting

Its the statement date being reported so it will report 0.


Major CC's - Barclay's ($5.5K) | Barclay's Sallie Mae MC ($5K) | DCU ($7.5K) | Discover IT ($1.4K) | Genisys Visa ($1.4K) | NFCU Visa ($22K) | Navcheck ($15K) | Chase Freedom ($5K) | SDFCU Visa ($8K) | Amex BCP ($9.5K) | Amex Delta ($10K) |Store CC's| -Amazon ($4K) | Catherines ($850) | JCP ($4K) | Macy's ($1.7K) | Avenue ($850) | Victoria's Secret ($1.4K) | Walmart ($4.1K) | Paypal SC ($1.3K) | HSN ($2.5) | Sears ($2.6K) | Sams Club ($4.1K) |Goal|: Age with grace to 750 across the board |Last app|: 3/3/2014
Message 2 of 10
MazdaSpeed
Contributor

Re: Question about statement date and reporting

They generally report the amount shown on your statement, but might not always be the same day
fico 747
Message 3 of 10
MazdaSpeed
Contributor

Re: Question about statement date and reporting

Might not always report the same day of your statement, but it will be the amount shown on your statement, sorry first post of been a little confusing
fico 747
Message 4 of 10
teddingt
Regular Contributor

Re: Question about statement date and reporting

Thanks.

re bk
EQ 572 TU 540 EXP 545
Current
EQ 598 TU 556 EXP 557
Discharge
09.16.2016

Message 5 of 10
teddingt
Regular Contributor

Re: Question about statement date and reporting


@MazdaSpeed wrote:
Might not always report the same day of your statement, but it will be the amount shown on your statement, sorry first post of been a little confusing

I know and I am sorry, its my ADHD rearing its ugly little head.

re bk
EQ 572 TU 540 EXP 545
Current
EQ 598 TU 556 EXP 557
Discharge
09.16.2016

Message 6 of 10
MazdaSpeed
Contributor

Re: Question about statement date and reporting

Should have said sorry first post might of been a little confusing

Haha typing this from my phone, my bad
fico 747
Message 7 of 10
MovingForward_2012
Valued Contributor

Re: Question about statement date and reporting

Correct. They report the statement balance not the current balance.
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! Smiley Happy Last App: 4/5/13 Gardening until July 2014
Message 8 of 10
teddingt
Regular Contributor

Re: Question about statement date and reporting

Last question...... Anyone have luck getting Cap 1 to go from secure to unsecure?  Or does it happen on its own.

re bk
EQ 572 TU 540 EXP 545
Current
EQ 598 TU 556 EXP 557
Discharge
09.16.2016

Message 9 of 10
MazdaSpeed
Contributor

Re: Question about statement date and reporting

I have not, but I would think the best way to get that done would be to email the eo
fico 747
Message 10 of 10
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