Reply
Senior Contributor
Wolf3
Posts: 3,197
Registered: ‎01-24-2010
0

When does US Bank report

Apparently it is not the statement date.   Hoping it is the 1st, so I can juice my score this month?

 

Valued Contributor
navigatethis12
Posts: 1,954
Registered: ‎01-24-2012
0

Re: When does US Bank report

They report on the last day of every month.

Senior Contributor
Wolf3
Posts: 3,197
Registered: ‎01-24-2010
0

Re: When does US Bank report


navigatethis12 wrote:

They report on the last day of every month.


Thanks,   Missed it by 1 day.

Frequent Contributor
Scuba
Posts: 455
Registered: ‎06-08-2008
0

Re: When does US Bank report

Yes, they report whatever the balance is on the last day of the month.

 

That can work in your favor or against you but I like it because if you can't pay off the entire balance when the statement cuts, as long as it is paid on the last day, that is what the CB will see.

 


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}