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Established Contributor
S7
Posts: 568
Registered: ‎08-24-2012
0

Reporting the balance the day they post the payment?

I paid my walmart balance in full on the 14th, of course since it is a new account, they hold it for 7-14 days, but my first payment is due on the 25th, but my report just updated and is showing my PAID balance which is 0, as the balance I just paid!!! My fako went up 7points, but I thought it wouldnt show a balance since it paid and the Walmart site shows 0 balance?!?!?!

"When you are down in the mouth, remember, everything turned out ok for Jonah."

Current FICO's(by lender) 10/9/12
EX:649, EX:651, TU:683
Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011
0

Re: Reporting the balance the day they post the payment?

creditors can post anytime they want, many companies post mid month you might've just gotten lucky with the timing.


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Established Contributor
S7
Posts: 568
Registered: ‎08-24-2012
0

Re: Reporting the balance the day they post the payment?

My report shows a $391 balance, that is paid, but and processed on the site, and the site shows a 0 balance. I didnt want a balance reported, hence paying it early. :smileysad:

"When you are down in the mouth, remember, everything turned out ok for Jonah."

Current FICO's(by lender) 10/9/12
EX:649, EX:651, TU:683
Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011
0

Re: Reporting the balance the day they post the payment?


S7 wrote:

My report shows a $391 balance, that is paid, but and processed on the site, and the site shows a 0 balance. I didnt want a balance reported, hence paying it early. :smileysad:


oh i read it wrong lol that sucks but no worries it'll rebound next month just mark this date on the calender and check next month.


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Established Contributor
S7
Posts: 568
Registered: ‎08-24-2012
0

Re: Reporting the balance the day they post the payment?

Yeah. :smileysad: Well, when I pulled the report from this site, the balance is reported as well, but the score stayed the same. hmm

"When you are down in the mouth, remember, everything turned out ok for Jonah."

Current FICO's(by lender) 10/9/12
EX:649, EX:651, TU:683

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