topic Re: How do i find out when cc's report? in Credit Cards

How do i find out when cc's report?

Legions36 — Tue, 07 Aug 2012 02:44:42 GMT

I want to know how to find out when cc's report to the bureau' s, so i can use the cards and pay down balances before the statement cuts so i can bring down util and get cli's on them?

Do u just call them to find out?

Re: How do i find out when cc's report?

creditnocash — Tue, 07 Aug 2012 04:03:32 GMT

most will disclose but they are usually a couple days after the statement closes.

or even on the same day (kohls)

ymmv though.

Re: How do i find out when cc's report?

Legions36 — Tue, 07 Aug 2012 04:12:11 GMT

@OlegWasHere wrote:
most will disclose but they are usually a couple days after the statement closes.
or even on the same day (kohls)
ymmv though.

I kinda need exacts on when, so i can pay them down right before the time comes and use them throughout the month. I wanna see how high i can bring up my score and my gf's score by doing this and also get cli at the same time, im sure some of these cards will give some good increses.

Re: How do i find out when cc's report?

Anonymous — Tue, 07 Aug 2012 04:16:52 GMT

@Legions36 wrote:
@OlegWasHere wrote:
most will disclose but they are usually a couple days after the statement closes.
or even on the same day (kohls)
ymmv though.

I kinda need exacts on when, so i can pay them down right before the time comes and use them throughout the month. I wanna see how high i can bring up my score and my gf's score by doing this and also get cli at the same time, im sure some of these cards will give some good increses.

you need to call card issuer and even then CS reps get it wrong. Or pay enough attention to credit reports to seehistorically what they do. Even then there are occasions where card issuers don't behave the same month to month.

Re: How do i find out when cc's report?

trumpet-205 — Tue, 07 Aug 2012 04:22:45 GMT

@Legions36 wrote:
I want to know how to find out when cc's report to the bureau' s, so i can use the cards and pay down balances before the statement cuts so i can bring down util and get cli's on them?
Do u just call them to find out?

Just pay it down 1-2 days before your payment due date each month. Statement cuts usually 3-4 days after payment due date.

Re: How do i find out when cc's report?

Legions36 — Tue, 07 Aug 2012 04:29:25 GMT

@trumpet-205 wrote:
@Legions36 wrote:
I want to know how to find out when cc's report to the bureau' s, so i can use the cards and pay down balances before the statement cuts so i can bring down util and get cli's on them?
Do u just call them to find out?
Just pay it down 1-2 days before your payment due date each month. Statement cuts usually 3-4 days after payment due date.

Will this way work to bring down util on the cards? I plan on using the cards again for the amount that i pay but paying it down every month right before to boost the score, get cli on the cards, and lesses the interest paid. Im pretty sure by bringing the ulit down will open some new doors for me and gf.

Re: How do i find out when cc's report?

trumpet-205 — Tue, 07 Aug 2012 04:31:09 GMT

You are paying interest right now? Then just focus on paying down the balance instead of making credit report pretty.

Re: How do i find out when cc's report?

Legions36 — Tue, 07 Aug 2012 04:38:00 GMT

@trumpet-205 wrote:
You are paying interest right now? Then just focus on paying down the balance instead of making credit report pretty.

I actually dont care about interest or things like that i care about boosting my score and get higher limits on the cards that my gf has, im personally in building mode but she has pretty good credit just high balances. I know all her cards are due for increase in limits just her high balances are hurting her. I want here to get higher lines and i have the money to play around with and im not really spending its more for investing with what im doing so thats why it doesn't matter about interest right now. I hope u understand what my situation is and thanks for your help.

Re: How do i find out when cc's report?

Legions36 — Tue, 07 Aug 2012 04:43:55 GMT

I just know that people do this to get more points on util every month while still using there cards to its full potential. Im new to this and don't really know how to go about it.

Re: How do i find out when cc's report?

trumpet-205 — Tue, 07 Aug 2012 04:48:21 GMT

Well, all of my CCs are due on the first or second day of each month. Statements for them are cut on the fourth or the sixth.

So what I do is simply pay down the balance last week of each month to keep the statement balance low.

Re: How do i find out when cc's report?

jsucool76 — Tue, 07 Aug 2012 04:51:26 GMT

You only really need to do things like that if you plan on applying for something. If you're not applying for something you don't need to carry a balance, but it's usually best from a FICO perspective to have one card report a balance of 1-9% and have the rest of your cards report a $0 balance.

Re: How do i find out when cc's report?

Legions36 — Tue, 07 Aug 2012 04:57:17 GMT

@trumpet-205 wrote:
Well, all of my CCs are due on the first or second day of each month. Statements for them are cut on the fourth or the sixth.

So what I do is simply pay down the balance last week of each month to keep the statement balance low.

I see, will give that a go. Also what would be the best system to go about checking reports every week or so? I only used the trial of myfico and cant remember how it works. I will need to be able to check reports weekly so i can play around with this, but i do know most of my bills are due towards the end of each month.

Re: How do i find out when cc's report?

creditnocash — Tue, 07 Aug 2012 05:34:12 GMT

if you have excel or a spreadsheet progam use that.

this is what i did and set it up like this

name of account limit balance due date statement date open date age date

and i usually update it when needed.

this way it keeps track of all my accounts (with my input of course)