topic No Credit Bureau Love..... in General Credit Topics

No Credit Bureau Love.....

RSCo — Wed, 27 Feb 2013 15:04:44 GMT

So I pay down one of my CC by $3,000.00 and on the same card the CL went up $2,200.00 from $7,660.00 to $9,860.00... Balance is currently $1,078.00... All other accounts remained the same... And my Fico did not move one point... NOT one point.. But ya can bet had I charged an additional 3k it would have dropped 20 points... Debt to credit sits at 13%... Grrrrrrrrrr..

Re: No Credit Bureau Love.....

RSCo — Wed, 27 Feb 2013 15:06:33 GMT

@RSCo wrote:
So I pay down one of my CC by $3,000.00 and on the same card the CL went up $2,200.00 from $7,660.00 to $9,860.00... Balance is currently $1,078.00... All other accounts remained the same... And my Fico did not move one point... NOT one point.. But ya can bet had I charged an additional 3k it would have dropped 20 points... Debt to credit sits at 13%... Grrrrrrrrrr..

Correction... Debt to Credit ration is 10%, not 13%...

Re: No Credit Bureau Love.....

dddfresh — Wed, 27 Feb 2013 15:14:41 GMT

Haters gon hate

Re: No Credit Bureau Love.....

Anonymous — Wed, 27 Feb 2013 15:16:53 GMT

Well maybe there is a slight delay in your scorewatch alerts

Re: No Credit Bureau Love.....

RSCo — Wed, 27 Feb 2013 15:32:23 GMT

@Anonymous wrote:
Well maybe there is a slight delay in your scorewatch alerts

hmmm..maybe, just maybe...

what the heck, since it doesn't matter, i'm going shopping today..

Re: No Credit Bureau Love.....

SnackTrader — Wed, 27 Feb 2013 16:03:39 GMT

Are you sure all of your accounts have reported to the bureaus?

Have you checked your actual reports through CreditKarma or annualcreditreport.com?

My guess is that they haven't all updated. Just because you pay them down does not mean your score changes immediately. You have to wait for the creditors to report to the bureaus.

Re: No Credit Bureau Love.....

RSCo — Wed, 27 Feb 2013 16:09:18 GMT

@SnackTrader wrote:
Are you sure all of your accounts have reported to the bureaus?

Have you checked your actual reports through CreditKarma or annualcreditreport.com?

My guess is that they haven't all updated. Just because you pay them down does not mean your score changes immediately. You have to wait for the creditors to report to the bureaus.

Yeppers... I went to Equifax and pulled a new report and the new payment and CLI increase on the card had posted.. I also pulled a refresh at Experian and Amex Credit Secure and the payment was posted there too, and no score changes.. The only place that had not updated was on TransUnion.. CreditKarma and CreditSeasme all show no score change either.. Nothing.. Once the monthly payment has posted and is reflective on a new report, I thought the score should reflect that update too.. Will see again tomorrow..