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Statements being report to Credit report?

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Statements being report to Credit report?

How fast after a statement closing date does a balance report to CRA. Lets say my closing date was june 24. How soon would report be updated? BOA? CHASE? CITI? Thanks.
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Re: Statements being report to Credit report?



zachst wrote:
How fast after a statement closing date does a balance report to CRA. Lets say my closing date was june 24. How soon would report be updated? BOA? CHASE? CITI? Thanks.

The issuers you mentioned report the statement balance, and usually within one day of the statement date.
 
Remember, though, that it could take up to 10 days or so for the CRAs to update with the new balance.
 


Message Edited by cheddar on 06-25-2008 11:17 AM
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