topic Re: Capital 1 Finally Reported in Credit Cards

Capital 1 Finally Reported

BrokaToe — Sun, 15 Jul 2012 03:11:42 GMT

Well I just looked at my EX report and capital one finally reported my trade line! YooHOO! I opened the account in May so it took a little while, actually about as long as I expected considering what I've read on the subject.

I had moved my due date up from the 25 to the 9th, so in doing this it caused them to prolong this last statement cut date until the 6th of July. So when they reported for the account standing boxes at the bottom of the trade line it shows OK(green) for May and June, but for July it is ND(black) since there wasn't a statement cut that month.

I understand according to the legend that ND=No Data Collected or Reported. But my question is how will lenders see this, will it just be overlooked, or could this possibly be a negative factor in their eyes? I don't see how it would be, but just wanted to confirm with my fellow myFicos. Thanks.

Re: Capital 1 Finally Reported

kobe2012 — Sun, 15 Jul 2012 03:54:28 GMT

I opened mine last March and still hasn't reported on my EX only on TU and EQ.. It sucks cause I am rebuilding and it will help a lot on my EX report... I called Capital One and they said it should report on my statement date this month but still hasn't ... I have no clue on what other steps I should do...

Re: Capital 1 Finally Reported

BrokaToe — Sun, 15 Jul 2012 03:58:17 GMT

You know, I'm not sure if this had anything to do with them reporting or not. But I'm wondering if since I changed my payment due date if that caused them to manually access my report which possibly triggered them to report the trade line. Just a thought

Re: Capital 1 Finally Reported

kobe2012 — Sun, 15 Jul 2012 04:00:04 GMT

I wonder if i should do the same..... Is there a negative impact on changing due dates?

Re: Capital 1 Finally Reported

BrokaToe — Sun, 15 Jul 2012 04:05:07 GMT

None that I saw. It just caused my current cycle to extend by a couple of weeks. My original statement cut date was supposed to be the 28th of June. But I moved my due date to the 9th of the month, so that caused my cut date to move the the 12th of the month. So instead of my statement cutting on the 28th for the month of June, that cycle kept going on until the 12th of this month. So actually my last cycle was like a month and a half long. But nothing negative came of it, plus they did report immediately after this new statement date cut.

You can change your due date via their online banking site.

Re: Capital 1 Finally Reported

Anonymous — Sun, 15 Jul 2012 04:15:31 GMT

4-5 days after my statement ended capital one started reporting on experian, couple days later transunion and equifax got on board. They reported fast for me.

Re: Capital 1 Finally Reported

BrokaToe — Sun, 15 Jul 2012 04:23:18 GMT

Yah I checked both EX and TU this evening, and EX reported but TU hasn't updated yet. I hear they are the slowest to update. I'm assuming EQ has updated already but haven't checked that report yet.

Re: Capital 1 Finally Reported

Anonymous — Sun, 15 Jul 2012 05:33:05 GMT

@BrokaToe wrote:
Yah I checked both EX and TU this evening, and EX reported but TU hasn't updated yet. I hear they are the slowest to update. I'm assuming EQ has updated already but haven't checked that report yet.

TU and Capitol one... a marriage made in heaven.

Re: Capital 1 Finally Reported

BrokaToe — Sun, 15 Jul 2012 06:16:15 GMT

@Anonymous wrote:
TU and Capitol one... a marriage made in heaven.

LOL, yah no doubt!