@Anonymous wrote:
Thanks for responding. You wouldn't happen to know when in the month they update information?
Every account that you have updates on its own schedule, so there's no magic about beginning or end of month.
Almost all credit cards and other loans report to the credit bureaus on their statement dates. These are not the due dates; these are the dates that your new statements post online, or get mailed to your house. So what the others are saying is that for simplicity's sake, many people get their statement dates changed to fall around the same date, maybe the mortgage at the beginning of the month and everything else around the 15th.
Otherwise you have a sort of rolling reporting going on through the month, as each account takes its turn to update. This is how mine look, because I've never tried to change their dates.
On top of this, each credit bureau updates at their own speed. For me, EX updates within 24 hours of each new batch of info, then EQ 2-3 days later, then TU up to a week. This can be completely maddening.
To know for sure, many of us subscribe to TrueCredit, CreditSecure, and various other credit monitoring services. If you're interested in doing this, be sure to get one that lets you pull a new report (not just look at an old one) once a day, and whatever else you do, ignore the scores (aka "FAKOs") and advice, which can be contrary to what helps your FICO scores.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007