topic Re: When does US Bank report successful cli result? in Credit Cards

When does US Bank report successful cli result?

bourgogne — Fri, 01 Feb 2019 20:00:26 GMT

Hi, not my account but was $ 500 and went to $10K >> on after the statement cut, end of month or when exactly? thank you!

Re: When does US Bank report successful cli result?

Pikaboo-icu — Fri, 01 Feb 2019 20:02:17 GMT

If I recall correctly, I believe mine reported with the next statement report.

Re: When does US Bank report successful cli result?

bourgogne — Fri, 01 Feb 2019 20:12:38 GMT

@Pikaboo-icu wrote:
If I recall correctly, I believe mine reported with the next statement report.

shoot, that is what I was afraid of. will they do do a refresh on request like chase? thank you

Re: When does US Bank report successful cli result?

Shadowfactor — Fri, 01 Feb 2019 20:32:05 GMT

It’s the end of the statement.

In my very limited experience (1 request)
They will not do an off cycle request unless they screwed something up.

Re: When does US Bank report successful cli result?

imaximous — Fri, 01 Feb 2019 20:43:00 GMT

I could be wrong, but since USB reports the current balance on the last business day of the month, it won't happen at statement closing.

Your statement will close with the new credit limit, but they most likely won't report till the last business day of that month, and then, it'd reflect a few days later when the bureaus update. But, if the CLI happened in January, there's a good chance it'll reflect in the next few days since yesterday was the last business day of January, and that's balance/limit that gets reported.

Re: When does US Bank report successful cli result?

bourgogne — Fri, 01 Feb 2019 21:10:41 GMT

my god lol, the answers are not clear to me...the due is the 12th, the cut is the 15th, the cli was sometime in 1/19. thoughts? thx

Re: When does US Bank report successful cli result?

Remedios — Fri, 01 Feb 2019 21:16:12 GMT

@bourgogne wrote:
my god lol, the answers are not clear to me...the due is the 12th, the cut is the 15th, the cli was sometime in 1/19. thoughts? thx

If your statement cut on 01/15, it should be reported on last day of January, then you wait a few days for CRA to update. I'd imagine you'll see it on your reports within a week

Re: When does US Bank report successful cli result?

Anonymous — Fri, 01 Feb 2019 22:08:46 GMT

@bourgogne wrote:
Hi, not my account but was $ 500 and went to $10K >> on after the statement cut, end of month or when exactly? thank you!

US Bank will only report on cycle which for them is at the end of every month. Your due date and cycle date doesn't chang when they report unfortunately.. you just have to make sure if you want it to report 0 you should pay it a few days before the end of the month.

Re: When does US Bank report successful cli result?

bourgogne — Fri, 01 Feb 2019 22:08:31 GMT

@Remedios wrote:
@bourgogne wrote:
my god lol, the answers are not clear to me...the due is the 12th, the cut is the 15th, the cli was sometime in 1/19. thoughts? thx
If your statement cut on 01/15, it should be reported on last day of January, then you wait a few days for CRA to update. I'd imagine you'll see it on your reports within a week

thank you! its not my account, so what happens with USB on a statement cut date, the statement closes and nothing until the end of the month and then it reports the current balance? do they record the high bal at the cut date?

Re: When does US Bank report successful cli result?

Caught750 — Sat, 02 Feb 2019 00:22:59 GMT

On the last business day of the month they report the exact status of the account on that date. The statement has NOTHING to do with how US Bank reports to the CRAs.

Re: When does US Bank report successful cli result?

bourgogne — Sat, 02 Feb 2019 00:27:11 GMT

@Caught750 wrote:
On the last business day of the month they report the exact status of the account on that date. The statement has NOTHING to do with how US Bank reports to the CRAs.

DING DING DING >> WE HAVE A WINNER!!

LOL

Re: When does US Bank report successful cli result?

Shadowfactor — Sat, 02 Feb 2019 05:08:46 GMT

@imaximous wrote:
I could be wrong, but since USB reports the current balance on the last business day of the month, it won't happen at statement closing.

Your statement will close with the new credit limit, but they most likely won't report till the last business day of that month, and then, it'd reflect a few days later when the bureaus update. But, if the CLI happened in January, there's a good chance it'll reflect in the next few days since yesterday was the last business day of January, and that's balance/limit that gets reported.

This is correct. I completely forgot that USB reported at the end of the month.

Both of my USB cards are due at the very end/start of the month.

Re: When does US Bank report successful cli result?

bourgogne — Mon, 04 Feb 2019 16:28:00 GMT

Hi, so its the 4th and I see no update on any bureau, when it the actual update supposed to happen? please. thank you

Re: When does US Bank report successful cli result?

NRB525 — Mon, 04 Feb 2019 16:35:57 GMT

This is only the second business day of the month, and barely got started with this day. If no update yet, then it will happen in the next few days.

My three USB accounts have not alerted to MyFICO yet.

Re: When does US Bank report successful cli result?

bourgogne — Mon, 04 Feb 2019 16:41:27 GMT

@NRB525 wrote:
This is only the second business day of the month, and barely got started with this day. If no update yet, then it will happen in the next few days.

My three USB accounts have not alerted to MyFICO yet.

got it. thx. just trying to get this woman a few new cards and I have a window to do it in and would like to hopefully see the new cl report. thank you for responding I appreciate it.