First of all, this is a great forum and I have learned a great deal in a short time. Hopefully I will be able to return the favor some time as I see MY Fico score becoming a postive obsession. Two questions:
1. I recently paid down an AMEX card from about 8,000 to about 2500 and that occured in early March around the 3rd. I just saw an updated credit report and AMEX reported on the 19th the previous statement balance which doesn't make a lot of sense as the statement balance was generated around 02/20. I have never seen this happen with anothe company and am wondering if I should contact AMEX and ask them to report again?
2. I also just completely paid off a Bank of America personal finance account termed as "Line of Credit on TU and EQ, and "Line of Credit - Check access" on Experian. The limit on the account is 10,000 and could help my FICO score but I have also read that it can harm as lenders see it as a negative. Does anyone have advice on whether I should keep it as a 0 balance account or close and the potential ramifcations of either?
