topic Credit Check Back Date in General Credit Topics

Credit Check Back Date

Anonymous — Thu, 18 Jul 2013 21:32:45 GMT

Hey guy,

So I just paid most of my credit card off, down to 3% of my CL. I paid it down because I want to apply for the Chase Sapphire Preferred card. I'm wondering if I apply tonight, will they see my current Credit Utilization or will it show what my balance was on my last statement or what it was last night??

Thanks for the help!

Re: Credit Check Back Date

myjourney — Thu, 18 Jul 2013 22:15:20 GMT

@Anonymous wrote:
Hey guy,

So I just paid most of my credit card off, down to 3% of my CL. I paid it down because I want to apply for the Chase Sapphire Preferred card. I'm wondering if I apply tonight, will they see my current Credit Utilization or will it show what my balance was on my last statement or what it was last night??

Thanks for the help!

If you just paid off you should wait until CR updates otherwise you are coorect CR will reflect a balance... Good luck on your CSP app

Re: Credit Check Back Date

takeshi74 — Fri, 19 Jul 2013 15:29:49 GMT

@Anonymous wrote:

So I just paid most of my credit card off, down to 3% of my CL. I paid it down because I want to apply for the Chase Sapphire Preferred card. I'm wondering if I apply tonight, will they see my current Credit Utilization

Probably not. Balances are typically reported several days after the statement cuts. If you want to verify you'll need to check with the CRA's. I found a CMS that allowed daily pulls to be useful for this.