topic Re: Odd Discover reporting in Credit Cards

Odd Discover reporting

Anonymous — Thu, 04 Feb 2016 18:26:00 GMT

My Discover closes on the 11th or something close to it. I just got an alert that it reported to EQ. I can see that my anniversary is 2/2 (opened 2/2/13). Has anyone experienced this with Discover?

Re: Odd Discover reporting

Anonymous — Thu, 04 Feb 2016 19:16:53 GMT

This hapened to me this month too. It's never happened before.

Re: Odd Discover reporting

Anonymous — Thu, 04 Feb 2016 19:44:11 GMT

My Discover statement closes on the 16th of the month and has always reported a few days thereafter. However, I received an Equifax Score Watch alert yesterday, the 3rd, and found that it had just reported mid-cycle, mirroring what the OP had observed.

Re: Odd Discover reporting

Anonymous — Thu, 04 Feb 2016 19:54:04 GMT

I wonder if they're switching to end of month reporting? That would not be good for me.

Re: Odd Discover reporting

tiger_uppercut — Thu, 04 Feb 2016 20:09:15 GMT

Mine reported today too, about a week before my payment due date. Weird.

Re: Odd Discover reporting

Discover2016 — Thu, 04 Feb 2016 21:06:40 GMT

Is this an Equifax only thing??

Re: Odd Discover reporting

Discover2016 — Thu, 04 Feb 2016 21:17:50 GMT

So I take it that we have to re-learn when to pay off Discover to report a $0 balance?

Re: Odd Discover reporting

Credit_hawk — Thu, 04 Feb 2016 21:17:52 GMT

This happened to me as well. Very weird.

Re: Odd Discover reporting

PandiferBear — Thu, 04 Feb 2016 21:44:17 GMT

Same happened here. My due date is the 11th, and closing date is the 16th, but I just got an alert today. It was for my last statement balance, which is different than my current balance.

Re: Odd Discover reporting

Appleman — Thu, 04 Feb 2016 22:32:29 GMT

Ditto, reported statement balance from 2 weeks ago today with alert....

Re: Odd Discover reporting

-Cal- — Thu, 04 Feb 2016 22:53:25 GMT

My Discover behavior has been weird also with EQ.

Mine reported on 1/18 $0 Balance (correct)
It reported a few days after with a balance (the balance it was before I PIF)
Then it reported again yesterday with the 0 balance again.

Re: Odd Discover reporting

Anonymous — Thu, 04 Feb 2016 22:57:46 GMT

My due date is always the 1st and statement cuts on the 3rd every month. I thought a two day window was weird.

Re: Odd Discover reporting

Anonymous — Thu, 04 Feb 2016 23:09:38 GMT

My due date is the 8th. I called discover a while ago to ask when they report my information to the bureaus and they said the 19th. I called a few days ago to see if I could have them report my information right after I paid down my balance in preparation for a new card application. This time they told me they report my information on the 13th. Seeing everyone else experience leads me to believe the person on the phone didn’t say that by mistake.

Re: Odd Discover reporting

Anonymous — Fri, 05 Feb 2016 00:09:34 GMT

I'm about to call them, but I was also greeted by this:

Will post back after talking...

Re: Odd Discover reporting

Anonymous — Fri, 05 Feb 2016 00:26:35 GMT

The two are unrelated.

re: the image above

They said it appears one of the merchants we used a card at might have been compromised, so they issued the new card as a precaution. (Side note, he said I shouldn't have to do anything with Apple Pay, that it'll just switch over when I activate the new card.)

re: the subject of the thread

They said the CRA has up to 30 days to report the info they are given by Discover and it appears Equifax just lagged on many of us. That's why it's just Equifax and why they're reporting the last (almost month old) statement balance now. I didn't think to ask if we knew if that was a one-off thing, but I'm pretty sure the answer would have been 'it's an Equifax thing, not a Disco thing..can't answer'.

Re: Odd Discover reporting

Anonymous — Fri, 05 Feb 2016 02:57:36 GMT

@PandiferBear wrote:
Same happened here. My due date is the 11th, and closing date is the 16th, but I just got an alert today. It was for my last statement balance, which is different than my current balance.

Exact same for me. EQ alert, slight bump in score.

Re: Odd Discover reporting

OMW2_HighAcheiver — Fri, 05 Feb 2016 04:27:30 GMT

I also got an EQ alert today. My due date, 14th. Report date, 19th.

4 point increase for 405% balance increase. $37 to $197.

Re: Odd Discover reporting

takeshi74 — Fri, 05 Feb 2016 14:59:57 GMT

Guess I'll see on Tuesday when CK updates for me.

@Discover2016 wrote:
So I take it that we have to re-learn when to pay off Discover to report a $0 balance?

No idea. A single instance isn't necessarily indicative of a trend.

Re: Odd Discover reporting

Anonymous — Sun, 07 Feb 2016 17:13:42 GMT

Other weirdness this morning for me that is related to Discover. This may be because of the new account number/potential account compromise so may be unique to me, but I figure I'll ask.

I got a TU alert today that score went up/balance went down. The amount it went down is the amount on my last Discover statement. I'm thinking I'll probably get another alert tomorrow that my score has gone down and balance has gone up by that same amount. Or, in a week or so when my statement closes, it'll show up then.

Anyone else with TU/Disco weirdness?

(Trying to decide if I should app for Fidelity Visa with this 24pt bump on TU...)