topic Re: Do the banks & the CRA's operate 7 days a week? in General Credit Topics

Do the banks & the CRA's operate 7 days a week?

W261w261 — Tue, 18 Jan 2022 17:11:40 GMT

Let's say that a card of mine closes on the 11th, but the 11th is a Sunday or a holiday. Does my updated info get pushed to the CRA's on the 11th? If that's the case, do the CRA's update their files on holidays? Or does everybody keep banker's hours? Thx

Re: Do the banks & the CRA's operate 7 days a week?

gdale6 — Tue, 18 Jan 2022 20:03:24 GMT

@W261w261 wrote:
Let's say that a card of mine closes on the 11th, but the 11th is a Sunday or a holiday. Does my updated info get pushed to the CRA's on the 11th? If that's the case, do the CRA's update their files on holidays? Or does everybody keep banker's hours? Thx

Its all run by automation 24/7/365 but it does take the CRAs time to get it into everyones file.

Re: Do the banks & the CRA's operate 7 days a week?

W261w261 — Tue, 18 Jan 2022 21:04:44 GMT

Thx

Re: Do the banks & the CRA's operate 7 days a week?

Anonymous — Tue, 18 Jan 2022 23:19:40 GMT

Will add I have seen my CBs updated on Sunday.

Re: Do the banks & the CRA's operate 7 days a week?

SUPERSQUID — Wed, 19 Jan 2022 11:53:55 GMT

I would like to add, all 3 of my cra's report on major holidays, thanksgiving etc

Re: Do the banks & the CRA's operate 7 days a week?

Phana24 — Wed, 19 Jan 2022 19:06:52 GMT

@W261w261 wrote:
Let's say that a card of mine closes on the 11th, but the 11th is a Sunday or a holiday. Does my updated info get pushed to the CRA's on the 11th? If that's the case, do the CRA's update their files on holidays? Or does everybody keep banker's hours? Thx

Yes, they do, BUT.... some will vary the reporting date. Disc, Amex, BOA, Citibank, etc., have always reported on the same day regardless of weekend/holiday. However, my Citizen's Bank card and Sync card will vary, but there's no consistency. Sometimes, they'll move it a day up, and sometimes it is delayed by a day. If you have a "floater" and want to play the AZEO game, it's a good idea to use a card that has a date that can vary. Here's a s/s of my reporting dates by Sync on their PayPal card for a portion of last year: