05-09-2013 10:27 PM - edited 05-09-2013 10:28 PM
it has nothing to do with "large" purchase
nothing to do with due date or statement closing date either
they report account status on last bussiness day of each month, it is different than most other banks
if you want them to report low balance, pay off before end of month, regardless when the statement close.
I didn't make the purchase until May 4th. And they've always reported at the close of the statement for me, not at the end of the month.
But like I said, I'm not terribly concerned about this. My util can handle it.
I'm just posting this so people are aware the US Bank appears to be doing some irregular reporting, at least for me. I'd never seen others report that US Bank is doing this, but it seems I'm wrong.
05-09-2013 11:22 PM
05-10-2013 05:18 AM
my bill is due on the 19th.
US Bank reported my balance on April 30th 2013. This might be due to the fact it's a brand new account though.
I'll check again to see if it reports on or around due date.
Creditkarma now has a neat feature. It now tells you when was your credit card balance last updated.
The last updated date is the date your balances were reported to CRAs.
Finally.........something I like about the new layout.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.