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Statement Cuts Today Does That =Report to CRA?

Frequent Contributor

Statement Cuts Today Does That =Report to CRA?

Question...My CAP1 statement cuts today, is this the day they will report to the CRA's?

Started from the bottom, now I'm here: 4/20/15: EX-674 TU 704 EQ-677
TU-Clean...EQ & EX-1 Paid Collections & 1 Judgement
T minus 4 months until Operation EE!!
Goal: 750 Across the board! AMEX Approved! Living in the Garden
Message 1 of 5
4 REPLIES
Senior Contributor

Re: Statement Cuts Today Does That =Report to CRA?


PrettyGyrl wrote:

Question...My CAP1 statement cuts today, is this the day they will report to the CRA's?


In my experience, add about 3 to 4 days, before it shows on CR.

Message 2 of 5
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Frequent Contributor

Re: Statement Cuts Today Does That =Report to CRA?

Ok...Thanks! I just want to make sure I have my Uti below 9% on the right date. Since it will be reported today and it's PIF am I safe to use it?

Started from the bottom, now I'm here: 4/20/15: EX-674 TU 704 EQ-677
TU-Clean...EQ & EX-1 Paid Collections & 1 Judgement
T minus 4 months until Operation EE!!
Goal: 750 Across the board! AMEX Approved! Living in the Garden
Message 3 of 5
Established Contributor

Re: Statement Cuts Today Does That =Report to CRA?

What ever balance you have on the card when the statement cuts is the amount that will report. But only if the charges have cleared. If they haven't cleared when the statement cuts, then they will not be included in the reported balance.

 

so yes, you are safe to use it Smiley Happy


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Message 4 of 5
Frequent Contributor

Re: Statement Cuts Today Does That =Report to CRA?

Awesome Thanks!

Started from the bottom, now I'm here: 4/20/15: EX-674 TU 704 EQ-677
TU-Clean...EQ & EX-1 Paid Collections & 1 Judgement
T minus 4 months until Operation EE!!
Goal: 750 Across the board! AMEX Approved! Living in the Garden
Message 5 of 5