topic Re: AMEX reporting question in Credit Cards

AMEX reporting question

Anonymous — Thu, 10 Apr 2008 17:24:59 GMT

I paid off my AMEX card two weeks ago. I've been patiently waiting for the reporting date so this would reflect in my util.

They've reported finally, with a reporting date of 4/8 (two days ago) and it shows the balance from the statement prior, not the statement that is currently available. I purposely paid the card off two weeks BEFORE the statement closing date and before AMEX reported so that it would reflect on my CR. Do they typically report 30 days behind? All my other CCCs report with the current billing. (i.e., HSBC is finally reporting, and they are reporting the balance as of the statement issued a couple of days ago.) Is this just SOP for AMEX?

Re: AMEX reporting question

Anonymous — Thu, 10 Apr 2008 17:27:07 GMT

This is SOP for Amex, sorry to say.

Re: AMEX reporting question

Anonymous — Thu, 10 Apr 2008 17:31:23 GMT

cheddar wrote:
This is SOP for Amex, sorry to say.

Sigh. I just closed out my Gordon's Jewelery card, which hurt my util., but I figured paying off AMEX would cancel it out. Oh, well. Guess I'll have to wait another month to celebrate.

Re: AMEX reporting question

MidnightVoice — Thu, 10 Apr 2008 17:32:04 GMT

It is irritating to say the least

Re: AMEX reporting question

Anonymous — Thu, 10 Apr 2008 17:39:10 GMT

I paid off my AMEX card two weeks ago. I've been patiently waiting for the reporting date so this would reflect in my util.

days ago.) Is this just SOP for AMEX?

You could dispute it, i've done that before and they will report a zero balance. It's not worth the trouble every month though for me. so I leave a little balance everymonth maybe like 1-5%.

Re: AMEX reporting question

Anonymous — Thu, 10 Apr 2008 17:41:13 GMT

JDizzle wrote:

You could dispute it, i've done that before and they will report a zero balance. It's not worth the trouble every month though for me. so I leave a little balance everymonth maybe like 1-5%.

Be careful with that. Disputing anything about positive tradelines in good standing can often do more harm than good.

Re: AMEX reporting question

Anonymous — Thu, 10 Apr 2008 17:44:36 GMT

cheddar wrote:

JDizzle wrote:

You could dispute it, i've done that before and they will report a zero balance. It's not worth the trouble every month though for me. so I leave a little balance everymonth maybe like 1-5%.

Be careful with that. Disputing anything about positive tradelines in good standing can often do more harm than good.

_____________

I'll just let it go. I'm not applying for anything new, so it's no big deal. Next month, it will all show up anyway. Besides, it'd probably take longer to run through disputing than it would to just wait it out. ;-)

Re: AMEX reporting question

Anonymous — Thu, 10 Apr 2008 17:46:05 GMT

Wow thank you , i only did it once about 2 months ago and i wont do it again.. besides them reporting a zero balance they also deleted a 30 day late from 2006. go figure huh.

Re: AMEX reporting question

Anonymous — Thu, 10 Apr 2008 17:48:41 GMT

JDizzle wrote:

Wow thank you , i only did it once about 2 months ago and i wont do it again.. besides them reporting a zero balance they also deleted a 30 day late from 2006. go figure huh.

You got lucky then.

Disputing positive TLs in good standing can sometimes result in total deletion of the account and/or a fraud alert on your file. Just tread very lightly in that area.

Re: AMEX reporting question

Anonymous — Thu, 10 Apr 2008 17:54:11 GMT

You mean deleting the account from my CR or deleting my account with AMEX?

Re: AMEX reporting question

Anonymous — Thu, 10 Apr 2008 17:56:04 GMT

JDizzle wrote:

You mean deleting the account from my CR or deleting my account with AMEX?

I mean deleting the account from the CR.

Re: AMEX reporting question

Anonymous — Thu, 10 Apr 2008 17:57:03 GMT

ok i understand, i'm glad you told me this just in case i ever decided to do it again. thank you!