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Why oh why does it take some CC companies so long to report

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Anonymous
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Why oh why does it take some CC companies so long to report

your new balance.  CC util should be at about 15%, still high but much better than the old which was about 50% or so.  I pulled my reports today, almost the end of June and two of the cc has not updated since May, only one has.  Why is that?  I thought they were suppossed to update every month. 
Message 1 of 4
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Anonymous
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Re: Why oh why does it take some CC companies so long to report

Yes, they generally report every month, but CRAs update your reports with the new information on their own schedules.  It could be up to two weeks or so after the CC reports before you see the updated information.
 
Message 2 of 4
Anonymous
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Re: Why oh why does it take some CC companies so long to report

What are your CCC?
Message 3 of 4
Anonymous
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Re: Why oh why does it take some CC companies so long to report

In credit reporting, like everything else, bad news generally travels faster than good.
Message 4 of 4
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