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Frequent Contributor
74king
Posts: 403
Registered: ‎04-08-2009

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. :smileyindifferent:

 

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Equifax 787, TransUnion 793, Experian ? FAKO--> Who Cares
Established Contributor
Revike
Posts: 720
Registered: ‎05-04-2007

Re: weird.....

Many different CCCs post mid-cycle occasionally for their own reasons ...
Senior Contributor
txjohn
Posts: 4,214
Registered: ‎09-12-2008

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)

 

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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
Frequent Contributor
74king
Posts: 403
Registered: ‎04-08-2009

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
Regular Contributor
ma_fico
Posts: 137
Registered: ‎05-14-2007

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.


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