topic Re: HSBC Orchard bank reporting in Credit Cards

HSBC Orchard bank reporting

Anonymous — Thu, 09 Jun 2011 18:14:34 GMT

My statement date was 5/13. Any idea when these guys report to the bureaus? My balance has been the same on my credit report for 5 weeks.

Re: HSBC Orchard bank reporting

texasman07 — Thu, 09 Jun 2011 18:41:25 GMT

They are terrible. they Havent reported since April for me. I closed Orchard last month. I actually went online today and did a dispute so they would update my account but still to this day Orchard has yet to report. Idiots....

Re: HSBC Orchard bank reporting

bigman023 — Thu, 09 Jun 2011 18:54:01 GMT

Im in the same boat. They havent updated since April. What gives?

Re: HSBC Orchard bank reporting

frio — Thu, 09 Jun 2011 19:04:44 GMT

Same here..nothing since April. They are about to be on my chopping block !!

Re: HSBC Orchard bank reporting

bigman023 — Thu, 09 Jun 2011 19:29:00 GMT

They usually report the balance as of the last day of the month. For me, they usually updated around the 3rd or 4th of the following month. I've been needing them to report my $0 balance.

Re: HSBC Orchard bank reporting

Bourne — Thu, 09 Jun 2011 20:52:19 GMT

Something is definitely wrong. A lot of people on different forums are saying that HSBC/Orchard hasn't been reporting since April, me being one of them. They have been reporting for me on the last day every single month for the past three years. This is the first time they skip a month. Maybe something changed?

Re: HSBC Orchard bank reporting

Anonymous — Fri, 10 Jun 2011 15:38:24 GMT

Out of curiosity has anyone ever made contact with HSBC about this issue?

Re: HSBC Orchard bank reporting

Anonymous — Fri, 10 Jun 2011 15:46:52 GMT

@Bourne wrote:
Something is definitely wrong. A lot of people on different forums are saying that HSBC/Orchard hasn't been reporting since April, me being one of them. They have been reporting for me on the last day every single month for the past three years. This is the first time they skip a month. Maybe something changed?

Same boat here, waiting for them to report. Maybe they're having a problem with their system after being flooded with CLI requests?

Re: HSBC Orchard bank reporting

Anonymous — Fri, 10 Jun 2011 16:10:35 GMT

Funny thing about low limit cards is that a $100 decrease in balance could result in potentially a 30% decrease in utility. So is it understood that your balance on the last day of the month is the number that Orchard reports?

Re: HSBC Orchard bank reporting

bigman023 — Fri, 10 Jun 2011 20:11:53 GMT

@Anonymous wrote:
Funny thing about low limit cards is that a $100 decrease in balance could result in potentially a 30% decrease in utility. So is it understood that your balance on the last day of the month is the number that Orchard reports?

Up until this moth, thats the way they've been reporting for me. About 2 monthsago, they had a system failure and had stopped reporting accounts. The account no longer showed up on the CR. They resolved it. But now it seems they are having some more porblems.

Re: HSBC Orchard bank reporting

Bourne — Sun, 12 Jun 2011 03:55:26 GMT

They finally updated EQ for me today (11 days late). EX and TU still lagging behind

Re: HSBC Orchard bank reporting

xboxrunner — Sun, 12 Jun 2011 11:12:54 GMT

Orchard is extremely slow!

Re: HSBC Orchard bank reporting

Anonymous — Tue, 14 Jun 2011 20:42:37 GMT

My orchard bank information has yet to be updated by TU, EX, or EQ... smh

Re: HSBC Orchard bank reporting

Anonymous — Wed, 15 Jun 2011 19:30:13 GMT

Orchard updated today for me on Equifax.

Re: HSBC Orchard bank reporting

payingoffdebt001 — Wed, 15 Jun 2011 19:36:55 GMT

My new account just showed up on TU but not on Experian. Not sure of EQ since I havent pulled that yet.