topic Re: Way to Nudge a CC to report Information? in Credit Cards

Way to Nudge a CC to report Information?

RedHead1 — Tue, 11 Dec 2012 17:54:23 GMT

Hi,

I've been trying to rebuild my credit and recently paid off a couple of credit cards completely! (YAY!) Problem is, I've seen no increase in my score at ALL. I should get SOME sort of bump since I had almost 100% debt-to-credit ratio for a long time. How long does it take to be reported? Is there a way to nudge a credit card to report my status change? It's been over 2 months, fyi.

Thanks,

Re: Way to Nudge a CC to report Information?

Burned2manybridgesB4 — Tue, 11 Dec 2012 17:59:59 GMT

What bad stuff is on your credit reports? That's the weight that keeps you down, a lot more than high utilization.

Re: Way to Nudge a CC to report Information?

flowfaster — Tue, 11 Dec 2012 18:02:18 GMT

AFAIK only BoA has a trick to update your CR.

Re: Way to Nudge a CC to report Information?

Burned2manybridgesB4 — Tue, 11 Dec 2012 18:03:33 GMT

Amex does too.

Re: Way to Nudge a CC to report Information?

SwiftTone — Tue, 11 Dec 2012 18:31:20 GMT

@Burned2manybridgesB4 wrote:
Amex does too.

Do tell, do tell.

to OP, are you talking about more than updating it once a month at statement cut?

Re: Way to Nudge a CC to report Information?

Anonymous — Tue, 11 Dec 2012 19:05:03 GMT

I just got my BofA to update midcycle after I got a CLI from them by updating my phone number on the credit card website.

Re: Way to Nudge a CC to report Information?

swpopham — Tue, 11 Dec 2012 22:16:46 GMT

Make a $1.25 payment on each card. Either through them or push from your bank

Re: Way to Nudge a CC to report Information?

Anonymous — Wed, 12 Dec 2012 00:32:57 GMT

@Anonymous wrote:
I just got my BofA to update midcycle after I got a CLI from them by updating my phone number on the credit card website.

BOA updates cli's off-cycle without you having to do anything.

Re: Way to Nudge a CC to report Information?

trumpet-205 — Wed, 12 Dec 2012 01:42:30 GMT

@RedHead1 wrote:
I've been trying to rebuild my credit and recently paid off a couple of credit cards completely! (YAY!) Problem is, I've seen no increase in my score at ALL. I should get SOME sort of bump since I had almost 100% debt-to-credit ratio for a long time. How long does it take to be reported? Is there a way to nudge a credit card to report my status change? It's been over 2 months, fyi.

Can you explain how your credit report looked like before? If it is like collection then a paid collection is the same as an unpaid collection in credit scoring.

I know that with BofA, you can update your contact info to get it report current balance right away.

Re: Way to Nudge a CC to report Information?

RedHead1 — Thu, 13 Dec 2012 11:51:11 GMT

Well, my credit is really bad. It's 466 and has been this bad for a long time unfortunately (charge offs, late payments, etc.). It's been inching up slowly as I make regular payments, pay down debt, and make no new negative actions. Other credit score monitoring, which is not the "official" one but I use it to garner more information, report that my revolving debt to available credit ratio is my most pressing problem at this moment. It was pretty serious, too. RIGHT before I started fixing this,I had over 100% debt/0% available credit. I've now been able to pay down a little on ALL my open revolving credit cards and just paid off a couple small ones entirely. I wasn't expecting a huge bump, but some notice at least. I expected doing that would get me a POINT at least.

Trumpet- I paid revolving credit.

SwiftTone-2 months so far. I use ScoreWatch, which alerts me to any update to my credit report even if it doesn't change my score, and there's been nothing.

Burned- There's a lot of bad stuff, but all old. No new stuff, so I was expecting SOME sort of information, especially with Score Watch.

Re: Way to Nudge a CC to report Information?

Burned2manybridgesB4 — Thu, 13 Dec 2012 13:20:59 GMT

@Swift: just call and ask nicely, then they do.

Re: Way to Nudge a CC to report Information?

Burned2manybridgesB4 — Thu, 13 Dec 2012 13:24:59 GMT

For best advice, give a line by line detail (blocking personal info/acct numbers), and we'll all chime in on what is familiar, by our own experiences. 30/60 day lates hurt less gradually after a few years, but 90's and higher including CO's hurt til they're gone.