topic Re: hsbc slow reporting in Credit Cards

hsbc slow reporting

scottwagnon — Sat, 18 Jun 2011 00:02:01 GMT

anyone have a problem with hsbc and the time it takes them to report activity?

my bestbuy mc on transunion, experian, and equifax is only reporting data activity up to march 2011 and shows date of last report 4/30 grrrrrr steaming mad. (experian reporting aprils data.)

today is june 17.

but my other hsbc account (now closed) reported may 30 on two of the bearaus like it was supposed to.

god im steaming mad. what is going on?

Re: hsbc slow reporting

fused — Sat, 18 Jun 2011 00:05:11 GMT

I'm going to move your post to the CC forum, you should receive more replies over there.

Re: hsbc slow reporting

tbolt2 — Sat, 18 Jun 2011 00:16:00 GMT

My HSBC Orchard card reported to Equifax sometime between noon yesterday and noon today.

They did not report in May at all....

Re: hsbc slow reporting

CS800 — Sat, 18 Jun 2011 00:31:37 GMT

My BestBuy MC which is HSBC reported today to EQ.

In the scorewatch section it said the last time this account reported was 8/10/2010. So yes I would say they are slow

Re: hsbc slow reporting

TravellingNomad — Sat, 18 Jun 2011 02:19:04 GMT

@scottwagnon wrote:
anyone have a problem with hsbc and the time it takes them to report activity?

my bestbuy mc on transunion, experian, and equifax is only reporting data activity up to march 2011 and shows date of last report 4/30 grrrrrr steaming mad. (experian reporting aprils data.)

today is june 17.

but my other hsbc account (now closed) reported may 30 on two of the bearaus like it was supposed to.

god im steaming mad. what is going on?

you and i are on the same boat my friend. mine still shows last update was back in march. i've called them a number of times about it and they keep telling me that they report each month. and then follow it up with "it may take up to 90 days for the CRBs to update"....i call BS on that. finally i told them that's the same thing they keep telling me each month. so i finally submitted disputes with all 3 bureaus. lets see what happens with the disputes.

Re: hsbc slow reporting

mocha82 — Sat, 18 Jun 2011 21:28:16 GMT

Yes I had the same problem with them. I paid my balance down to $0 the end of may. I figured that they had already update so I charged on the card earlier this month. Now they are reporting the high utilization for this month.... Bummer.

Re: hsbc slow reporting

ptkdude — Mon, 20 Jun 2011 01:48:53 GMT

Here's what I noticed about this with my Orchard Bank card: they reported the day my statement printed, and reported my statement balance. Perhaps they have switched from end of month to end of billing cycle.

Re: hsbc slow reporting

bearsfan34 — Mon, 20 Jun 2011 19:47:47 GMT

I just got my update.... made my score drop 15 points!! They reported ny balance. I'm so mad. Do you guys think this is when they'll report from now on?

Re: hsbc slow reporting

Anonymous — Mon, 20 Jun 2011 19:56:11 GMT

@bearsfan34 wrote:
I just got my update.... made my score drop 15 points!! They reported ny balance. I'm so mad. Do you guys think this is when they'll report from now on?

They are selling the CC business..there are no prediction of what they are doing till someone else take over