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Regular Contributor
PrettyGyrl
Posts: 125
Registered: ‎01-19-2013
0

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?

Senior Contributor
Wolf3
Posts: 3,197
Registered: ‎01-24-2010
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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.

Regular Contributor
PrettyGyrl
Posts: 125
Registered: ‎01-19-2013
0

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?

Established Contributor
BrokaToe
Posts: 726
Registered: ‎05-12-2012
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Re: Statement Cuts Today Does That =Report to CRA?

[ Edited ]

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 :smileyhappy:


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Regular Contributor
PrettyGyrl
Posts: 125
Registered: ‎01-19-2013
0

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

Awesome Thanks!


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