topic weird..... in Credit Cards

weird.....

Anonymous — Wed, 03 Jun 2009 00:53:54 GMT

I just recieved an alert from Equifax about an increase in balance and a point change increase of 5 points. The problem is I usually pay my balance off weeks before the statement is cut and i did just that but this time the balance posted on all three credit bureaus anyway despite me paying before the statement cut. I think they, BofA are posting balances weeks before statements are cut. Or maybe it's just me.

Comments

Re: weird.....

Anonymous — Wed, 03 Jun 2009 02:24:54 GMT

Many different CCCs post mid-cycle occasionally for their own reasons ...

Re: weird.....

Anonymous — Wed, 03 Jun 2009 14:46:04 GMT

BoA will report mid cycle for many reasons including:

1. Product C hange of the cc account

2. Dispute or Inquiry of Account (through CRA or through Credit Analyst)

3. CLD or CL restoration (CL restoration not always)

Re: weird.....

Anonymous — Wed, 03 Jun 2009 16:33:18 GMT

@Anonymous wrote:
BoA will report mid cycle for many reasons including:

1. Product C hange of the cc account
2. Dispute or Inquiry of Account (through CRA or through Credit Analyst)
3. CLD or CL restoration (CL restoration not always)

Well the only thing i had that falls in that category is # 3 when my CL was restored last month with the 5k increase added. I just thought it was weird because it's never happened to me before.

Re: weird.....

Anonymous — Wed, 10 Jun 2009 18:20:32 GMT

They also have a rotten habit of reporting mid-cycle during the holidays* - 2 years in a row they caught me - all my holiday presents/shopping reported before I could pif before the statement cut.

* or any time your spending is higher than usual.