topic Re: They report monthly but............. in General Credit Topics

They report monthly but.............

Anonymous — Tue, 27 Jan 2009 05:38:03 GMT

I have a credit card that claims to report monthly to all 3 credit bureaus but I have noticed that they have not reported since 11/03/08. How bad is this effecting my credit?

My balance has decreased significantly (by 1255.xx)

thanks

Re: They report monthly but.............

fused — Tue, 27 Jan 2009 05:43:09 GMT

Which CCC? Which CRA(s) have they not been reporting to?

Re: They report monthly but.............

Anonymous — Wed, 28 Jan 2009 01:21:01 GMT

It's UltraVx issued by MetaBank. They show up on all three of the bureaus but have not updated since 11/03/08.

Again they claim that they report monthly.

Re: They report monthly but.............

Anonymous — Thu, 29 Jan 2009 06:27:15 GMT

Bump

Re: They report monthly but.............

laz98 — Thu, 29 Jan 2009 10:08:00 GMT

call them & ask why they have not reported.

Re: They report monthly but.............

Anonymous — Thu, 29 Jan 2009 21:37:00 GMT

are there laws requiring credit card companies to report? wasn't Capital One forced to start reporting limits? Was that because a law was passed, or was Capital One just pressured to do it via other means?

Re: They report monthly but.............

llecs — Thu, 29 Jan 2009 21:42:24 GMT

urgent_help_needed wrote:
are there laws requiring credit card companies to report? wasn't Capital One forced to start reporting limits? Was that because a law was passed, or was Capital One just pressured to do it via other means?

No, I believe, it is up to the creditor. CJ comes to mind. I think CapOne reported limits after many complained.