Cap1 reported balance mid cycle.

[Anonymous]

This is from Credit Karma.

I never let a statement cut anywhere near $157. I nearly maxed it out once with an online purchase mid cycle and paid it shortly after the transaction posted but it was nowhere near the statement end date.

I also never made a payment on June 1st. My last payment was June 30th for that cycle.

And worst payment status as current...really?


Regardless, my scores seem to still be going up since then on CK, Credit Wise and Discover Scorecard.

[Anonymous]

That is not a mid cycle report, some banks report "highest balance" ever, some banks report "highest statement balance" ever, Cap One is the former.  In any case, it does not affect your score one bit as your current balance is $15, the number that counts.

[Anonymous]

I was confused to oldman87, it looked right to me. A current status is good......unless I missed something 😳

[Anonymous]

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@Justagirl73 wrote:

I was confused to oldman87, it looked right to me. A current status is good......unless I missed something 😳

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I took me a while believe me.  OP thinks "Highest Balance" is highest statement balance which applies to many issuers.  Cap One is not one of those issuers, their "Highest Balance" literally means the highest balance ever recorded, even if you paid it down before statement cut, $157 will be there until next time when OP records a higher balance.  There is nothing wrong with the report other than the mistake for the last payment date on EQ, and the "current" next to worst payment status, neither has negative effects on the Score.

[Anonymous]

I bet your correct! Op looked at the high balance confusing it with statement balance. 

[Anonymous]

Ok so apparently I'm the idiot. I thought any mention of highest balance ever wasn't a good thing?

[Anonymous]

It can be a common mistake. All my cards show the highest balance I've ever had on the card even though I never let the statement balance cut as high. For example, my aviator shows a high balance of 2.3K but my statement was only $100 that month. 

The 2.3K high balance will never go away unless I charge 2.4K or more in the future. At that point my high balance will change to what ever the 2.4K or more is etc. 

[CreditCuriosity]

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@Anonymous wrote:
That is not a mid cycle report, some banks report "highest balance" ever, some banks report "highest statement balance" ever, Cap One is the former.  In any case, it does not affect your score one bit as your current balance is $15, the number that counts.

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+1 what you said.

[CreditCuriosity]

My CR shows high balances on some cards higher than my CL due to shuffling my CL's around to different cards.  It is just what you ever had at one time on a CC reporting or not.  Really means nothing other than possibly the ability to pay that amount back responsibility and possibly get you higher CL's in the future as they have seen you can or can't manage credit.

[AverageJoesCredit]

When i first got Discover i had like $938 bucks carry into the next month. The unthinkable here i know paid it down but to this day its my highest balance shown . No biggie. I think sometimes we get carried away if a balance reports or you dont make an immediate payment as soon as a payment post. Not the end of the world. Making your payments on time is all that should matter