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Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Thank you Discover....

My statement closing date is the 27th evey month.

 

I pulled my credit this morning and they mid cycle reported $423, Really??

 

This card is looking more and more good for my sock drawer. :smileymad:




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Established Contributor
Posts: 642
Registered: ‎07-03-2012
0

Re: Thank you Discover....

Ouch! I've been lucky, whenever they have done a mid cycle update I've had a fairly low balance. Any reason why they did one on you? CLI Button?


Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: Thank you Discover....


Default4 wrote:

Ouch! I've been lucky, whenever they have done a mid cycle update I've had a fairly low balance. Any reason why they did one on you? CLI Button?


I called in for a CLI and got declined, tryed online and it said im not eligible at this time. That shouldnt mean report again.

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Valued Contributor
Posts: 2,110
Registered: ‎12-29-2011
0

Re: Thank you Discover....

[ Edited ]

SIMILAR PROBLEM HERE! I don't like how Discover reports at all! I had already paid my balance down to zero. After the fact...it reported on my CR during mid cycle! Luckily I had only a 10 dollar balance but it was 0 by the time they reported my previous balance...LOL. And get this! There was NO statement generated for the month b/c I had a ZERO balance..WTH Discover?? Most CCCs generate statements even if there is no balance only if you've had activity for the period...why is Discover different?

The truth is out there...
FICO scores: 764 (EQ) 732 (EX) 757 (TU) 9/14 | Goal score: 750+ (all 3)
Tradelines: Capital One QS NPSL (5.0k) | Discover IT (6.0k) | Walmart Mastercard (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)






Valued Contributor
Posts: 2,857
Registered: ‎06-08-2012
0

Re: Thank you Discover....

Don't they have to legally generate a statement if you had activity? Say I run 2k through card and when statement was about to cut I just login and pay in full (say im in airport and just login on mobile app). When I get statement in mail/email I notice that I had a charge for $100 that wasn't mine.

Don't you need a statement to check these things? (I know with bank statements you typically have 30 days after you receive statement to contest a charge). When would this period start if u never receive a statement?


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

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Senior Contributor
Posts: 6,242
Registered: ‎08-16-2012
0

Re: Thank you Discover....

Lol this seems like good advice - the fact that Disc mid cycle reports.

We should complain to the CFPB. :-)
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Senior Contributor
Posts: 4,681
Registered: ‎12-11-2011
0

Re: Thank you Discover....

Mid cycle reporting paired with .25% CB until $3000 spend makes this card seem lame. XD


;
Established Contributor
Posts: 634
Registered: ‎07-07-2011
0

Re: Thank you Discover....

I love Discover as well, but they do have some shady practices. It does make me reconsider using their card extensively. 

Current Scores: EX - 728 FICO (5/11/13) TU - 771 FICO (7/02/13) EQ ??

Current Cards: Chase Freedom $5,000, CSP $5,700, BofA Visa Signature $15,000, AMEX BCE $6,000, Walmart $4,150, Gap Visa $10,000, JC Penny $5,800, Lowes $8,500, Dillard's AMEX $8,000, AMEX Hilton HHonors - $2,000, Chase United $12,000, Citi AAdvantage & Simplicity $6,000/$6,000, SPG AMEX $1,000
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: Thank you Discover....

Well they just got demoted to auto pay electric bills only. :smileyvery-happy:




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Valued Contributor
Posts: 1,346
Registered: ‎04-15-2011
0

Re: Thank you Discover....

 

Well, I'm not as observant about the mid-cycle reporting part  :smileyembarrassed:

 

However, it was about a month after I was declined for a CLI that they called and offered me most of what I requested....    over half anyway.

 

Just thought I'd share the info.  It was also close to maxed at the time (0% that I use the omph out of...). 

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