cancel
Showing results for 
Search instead for 
Did you mean: 

weird.....

Frequent Contributor

weird.....

I just recieved an alert from Equifax about an increase in balance and a point change increase of 5 points. The problem is I usually pay my balance off weeks before the statement is cut and i did just that but this time the balance posted on all three credit bureaus anyway despite me paying before the statement cut. I think they, BofA  are posting balances weeks before statements are cut. Or maybe it's just me. Smiley Indifferent

 

Comments

Equifax 787, TransUnion 793, Experian ? FAKO--> Who Cares
Message 1 of 5
4 REPLIES
Established Contributor

Re: weird.....

Many different CCCs post mid-cycle occasionally for their own reasons ...
Message 2 of 5
Senior Contributor

Re: weird.....

BoA will report mid cycle for many reasons including:

 

1.  Product C hange of the cc account

2.  Dispute or Inquiry of Account (through CRA or through Credit Analyst)

3.  CLD or CL restoration (CL restoration not always)

 

Credit Scoring 101 - Tuscani   *  Guide to Common Abbreviations
Frequently Requested Threads * FICO High Achievers  *  FICO Score Estimator


09/03/2009 TU: 777, EQ: 776 ($8 balance on an account dropped me out of 780's)
03/28/2009 TU: 814, EQ: 810, EX: 781 (02/12/2009)
05/18/2005 TU: 563, EQ: 580, EX: 549
Message 3 of 5
Frequent Contributor

Re: weird.....


txjohn wrote:

BoA will report mid cycle for many reasons including:

 

1.  Product C hange of the cc account

2.  Dispute or Inquiry of Account (through CRA or through Credit Analyst)

3.  CLD or CL restoration (CL restoration not always)

 


Well the only thing i had that falls in that category is # 3 when my CL was restored last month with the 5k increase added. I just thought it was weird because it's never happened to me before.

Equifax 787, TransUnion 793, Experian ? FAKO--> Who Cares
Message 4 of 5
Highlighted
Regular Contributor

Re: weird.....

They also have a rotten habit of reporting mid-cycle during the holidays* - 2 years in a row they caught me - all my holiday presents/shopping reported before I could pif before the statement cut.

 

* or any time your spending is higher than usual.

Message 5 of 5