Why Does it Take So Long...

[autofly]

For your CR to update?

Ever since I started reading on here I immediatly paid my balance on my one secured card from 100% util to less than 5%.  That was at the first part of August.  CRA's show July as report date for all of my accounts.  When will August show up?

Auto

[Anonymous]

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autofly wrote:

For your CR to update?

Ever since I started reading on here I immediatly paid my balance on my one secured card from 100% util to less than 5%.  That was at the first part of August.  CRA's show July as report date for all of my accounts.  When will August show up?

Auto

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It depends some banks will not report 0 balances for three months some report on statement closing date.Patience, you will get there

[rudy]

If they are reporting a inaccurate balance then dispute. it will take 30 days, however, this will eventually help . because instaed of them not reporting a correct balance and it showing incorrectly for more than 30 days. They have to submitt the correct information in 30 days

[Anonymous]

i learned it's the crappy thing about only having 1-2 cards. Everyone is different and if they both don't report then you don't have anything reporting for that month and it's just a big pain. Sometimes they will not report for months--HSBC did that to alot of us once. Capital one won't report for a long time, then all of a sudden report late payments from 2 years ago...

[smallfry]

Cap One wasn't too bad. HSBC is slow.

[Anonymous]

My HSBC card hasn't updated since July.  Thank goodness it is only showing a small balance ($4), otherwise, i'd be ticked.