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Established Contributor
masscredit
Posts: 751
Registered: ‎07-17-2012
0

Can you ask a creditor to report mid-month?

II might be significantly paying down and paying off some accounts. I was wondering if you can ask a creditor to report mid-month instead of waiting until after the statement closes? Would like to get those new balances reported sooner to bump up my scores and then make some rounds for CLIs.

 

Thanks! 


|****$6000****|****$6000*****|****$4500*****|****$2500****|****$1600****|****$3000****|******$750******|*****$700*****|
EX - 657 (MyFico 10/02/14) TU - 655 (Walmart 10/10/14 ) EQ 04 - 699 (DCU -09/26/14) EQ 08 - 669 (MyFico -10/10/14)
Moderator
guiness56
Posts: 22,408
Registered: ‎01-17-2008
0

Re: Can you ask a creditor to report mid-month?

Yes, you can ask for a mid-cycle update.  Not all of them will do it.  Never hurts to ask.

Frequent Contributor
Kratos-TM
Posts: 429
Registered: ‎05-23-2013
0

Re: Can you ask a creditor to report mid-month?

Wow, this is an awesome question.....the very same thing I've been pondering for days now. I have an installment I'm paying off in a few days, and I would love for them to report early it's paid off....

Myfico scores.....
EX... 805 (11-10-13)
EQ... 810 (12-02-13)
TU... 810 (12-02-13)
Moderator
pizzadude
Posts: 9,674
Registered: ‎01-28-2010
0

Re: Can you ask a creditor to report mid-month?

 

I agree you can ask, however be aware that many CSR don't know what this is, or even how to request it, so depending on the creditor it may not be easily achieved.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Established Contributor
masscredit
Posts: 751
Registered: ‎07-17-2012
0

Re: Can you ask a creditor to report mid-month?

The one that I'm thinking about is Target.

|****$6000****|****$6000*****|****$4500*****|****$2500****|****$1600****|****$3000****|******$750******|*****$700*****|
EX - 657 (MyFico 10/02/14) TU - 655 (Walmart 10/10/14 ) EQ 04 - 699 (DCU -09/26/14) EQ 08 - 669 (MyFico -10/10/14)

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