topic Re: Reporting Limits in Credit Cards

Reporting Limits

ferferhess — Thu, 26 Jun 2008 14:11:19 GMT

I have 4 CC's not reporting their limits on 1 of the CRA's. 2 are open and 2 are closed.

Is this hurting my score? If so, how do I contact to correct it? Do I dispute the limit amount (I don't ant them to go away though!) or do I write to the CCC? Can I correct the closed accounts?

Re: Reporting Limits

wmarat — Thu, 26 Jun 2008 14:15:16 GMT

My Macy's Visa for some reason does not report to TU, it is not much of CL ($5000) and it does not have influence on my util (1.23%) and so far my TU score is the highest.

Re: Reporting Limits

Anonymous — Thu, 26 Jun 2008 14:22:16 GMT

ferferhess wrote:

I have 4 CC's not reporting their limits on 1 of the CRA's. 2 are open and 2 are closed.

Is this hurting my score? If so, how do I contact to correct it? Do I dispute the limit amount (I don't ant them to go away though!) or do I write to the CCC? Can I correct the closed accounts?

Which cards are not reporting limits? Some cards just don't report them, and there's not much you can do about it. Sometimes this hurts your score, and sometimes it doesn't.

Re: Reporting Limits

ferferhess — Thu, 26 Jun 2008 14:23:23 GMT

They all report, but are only reporting high limit on 1 of the CRA's (they repot the limit on the other 2 CRA's).......

I'm wondering if this make it look like their maxed......

Example

Citi reports: on EX & TU----limit $1000, high balance $562

reports: on EQ----limit (blank), high balance $562

Re: Reporting Limits

Anonymous — Thu, 26 Jun 2008 14:25:03 GMT

ferferhess wrote:

They all report, but are only reporting high limit on 1 of the CRA's (they repot the limit on the other 2 CRA's).......

I'm wondering if this make it look like their maxed......

Example

Citi reports: on EX & TU----limit $1000, high balance $562

reports: on EQ----limit (blank), high balance $562

Which cards?

Re: Reporting Limits

ferferhess — Thu, 26 Jun 2008 14:25:55 GMT

Ciibank, First Premier, old Orchard----opps, only have 3cc's doing this, the other fell off yesterday.....

Re: Reporting Limits

Anonymous — Thu, 26 Jun 2008 14:27:22 GMT

Which specific Citi card?

FP and Orchard should be reporting limits, AFAIK, but some Citi cards don't.

Re: Reporting Limits

ferferhess — Thu, 26 Jun 2008 14:30:33 GMT

Forgot the card name, haven't used it in forever, but it's definetly supposed to have a limit! It's not like the signiture cards......Just trying to figure out what to do about it or if its hurting me (if not I'll leave it alone)......

Thanks!!!

Re: Reporting Limits

Anonymous — Thu, 26 Jun 2008 14:32:07 GMT

ferferhess wrote:

Forgot the card name, haven't used it in forever, but it's definetly supposed to have a limit! It's not like the signiture cards......Just trying to figure out what to do about it or if its hurting me (if not I'll leave it alone)......

Thanks!!!

Some Citi cards don't report limits even though they are not Signature cards. The name of the card is actually pretty important to see if this card is reporting the way it's supposed to.

Citi Premier Pass and Citi AAdvantage are among the Citi cards that don't report limits. Was it one of those?

Re: Reporting Limits

ferferhess — Thu, 26 Jun 2008 14:36:23 GMT

No, it was one of those cards you get when you have zero credit, and they give you $500 limit.

I don't have the card with me at work, so I can't give it to you right now, but I'm 99% positive that it is supposed to report limit. (reason: my old boyfriend got the same card at the same time I did, the made me AU later and it reports limit on all three for that card. It's just not reporting to EQ.....)

Re: Reporting Limits

ferferhess — Thu, 26 Jun 2008 23:08:57 GMT

bump

Re: Reporting Limits

Anonymous — Thu, 26 Jun 2008 23:27:04 GMT

I would contact the issuers and let them know the problem. You may have to escalate to a supervisor or manager in order to get someone who understands the problem. Frontline CSRs have little to no knowledge of credit reporting.

Disputing with the CRAs is always an option, but you run the risk of losing the TL entirely. I wouldn't go that route, but would try to take it up with the issuer first.

Re: Reporting Limits

ferferhess — Thu, 26 Jun 2008 23:53:08 GMT

thanks cheddar!!!