topic Re: CC limits not showing up on CR in General Credit Topics

CC limits not showing up on CR

Anonymous — Wed, 15 Jun 2016 23:30:43 GMT

Im starting to go over my reports with a fine tooth comb and noticing some aren't accurate with the cl amount and one doesn't even post one. Are there guidelines for this, some report and some don't? Do I reach out to the individual cc companies via snail mail? I'm sure this is affecting my utilization.

Re: CC limits not showing up on CR

Anonymous — Wed, 15 Jun 2016 23:36:10 GMT

There may be reasons for this. Some credit cards are "flexible spending accounts" and dont post a limit to the bureaus. Another reason is that some credit cards dont update the limit if you had a zero balance when the statement cuts. If they dont have a balance to report, then they report nothing at all.

Re: CC limits not showing up on CR

Anonymous — Thu, 16 Jun 2016 11:47:26 GMT

@johnnyconsumer. Thanks for the info but what is flexible spending, not familiar with term.

Re: CC limits not showing up on CR

Anonymous — Thu, 16 Jun 2016 12:10:24 GMT

Its a card that allows you to go over the limit, but you have to pay the over limit balance before the due date. Many times a Visa Signature or World Mastercard are reported that way.

Re: CC limits not showing up on CR

takeshi74 — Thu, 16 Jun 2016 12:29:19 GMT

Aka an NPSL credit card. People tend to conflate NPSL with charge cards but there are NPSL credit cards as well.

Re: CC limits not showing up on CR

RobertEG — Thu, 16 Jun 2016 17:20:21 GMT

I would begin by making an informal call to the creditor, asking what they are reporting.

Commercail credit reports often fail to include reported information. I would first determine what the creditor is actually reporting.

Re: CC limits not showing up on CR

Revelate — Thu, 16 Jun 2016 21:40:54 GMT

The vast majority of lenders report limits these days; BOFA was one of the last holdouts and even they switched like 3 years ago.

Which lenders and particular products aren't reporting the limits?

Re: CC limits not showing up on CR

RonM21 — Thu, 16 Jun 2016 22:03:10 GMT

Have any of your credit limits changed recently?

Re: CC limits not showing up on CR

Anonymous — Fri, 17 Jun 2016 12:19:11 GMT

@RM21 No, they haven't. I might add that I'm looking at the reports from annualcreditreports.