topic Re: NC State Employees Credit Union Credit Card Reporting Date in Credit Cards

NC State Employees Credit Union Credit Card Reporting Date

Anonymous — Sat, 26 Jul 2014 16:05:34 GMT

I recently was approved for a NC State Employees Credit Union Credit Card.

I called them and found out that my Statement Date will be the 20th of each month and my Due Date will be the 15th of the following month.

I am attempting to work on raising my credit by carrying a 5-7% utilization at the Reporting Date and then pay it off and repeat subsequent months. Does anyone know what the REPORTING DATE is to report to the 3 credit bureas?

Thanks!

golfitup

Re: NC State Employees Credit Union Credit Card Reporting Date

daybreakgonesXe — Sat, 26 Jul 2014 16:06:52 GMT

@Anonymous wrote:
I recently was approved for a NC State Employees Credit Union Credit Card.

I called them and found out that my Statement Date will be the 20th of each month and my Due Date will be the 15th of the following month.

I am attempting to work on raising my credit by carrying a 5-7% utilization at the Reporting Date and then pay it off and repeat subsequent months. Does anyone know what the REPORTING DATE is to report to the 3 credit bureas?

Thanks!
golfitup

The visible reporting date varies by CR. Some are quicker than others.

However, all the data that will reflect per month will be sent out on the 20th.

Re: NC State Employees Credit Union Credit Card Reporting Date

Anonymous — Sat, 26 Jul 2014 16:10:22 GMT

Ok, so as long as I have the right utilization charged by the 20th, I can pay it entirely off and do it again lets say after the 1st of the month?

Re: NC State Employees Credit Union Credit Card Reporting Date

empiror22 — Sat, 26 Jul 2014 16:54:17 GMT

All my credit cards report the amount that is "billed" ie whats on your monthly statement to the CRAs. that means as long as i pay whatever amount that i want of my current balance before the "end" of billing cycle, they only report the left over amount to CRAs there to keep your % down pay your amount before the end of the cilling cycle.

Re: NC State Employees Credit Union Credit Card Reporting Date

Anonymous — Sat, 26 Jul 2014 16:56:05 GMT

Billing cycle is the same as statement date?

Re: NC State Employees Credit Union Credit Card Reporting Date

daybreakgonesXe — Sat, 26 Jul 2014 16:58:55 GMT

@Anonymous wrote:
Billing cycle is the same as statement date?

golfitup: your comment before is correct! personally, I prefer to have whatever I want reflected on the statement date done by the due date, just in case there's a payment that needs to be made or whatnot. that means I often have to sock-drawer the card for a few days until the statement date to avoid any new purchases that could alter this.

And billing cycle = # of days in your statement. statement date is the date the billing cycle closes.