@Anonymous wrote:
Ok.....it has been 9 statement later and Iam still not graduated yet. I have never been late or over my CL but 1 time I used like 67 % of my credit but paid off in full before it reported it to the CB. Any one has any info?
I'm waiting for my seventh statement to cut this month. I regularly max out my $200 limit and PIF several times a month. I've a few months where it's cut at that. I'll post back if the card doesn't graduate soon.
@joltdude wrote:Im noticing a bit of a pattern... a returned payment (regardless of fault or even if it is removed) resets you to square one... Wonder if folks would see something 7 statements AFTER the payment issue... Anyone seen any results supporting this thought?
Do know that return payment sets you back with Cap One, not surprised it does so with Discover... but for how long?
-J
It's been nine months since my payment snafu with Discover secured. No graduation yet. Haven't carried a balance since. PIF and only use it for prescription co-pays now. The card will be 24 months old in March 2018. If not graduated by then will probably close it and move on.
@Anonymous wrote:Closing a card does not drop average age until it falls off your reports in 10 more years.
The only time you don't want to close a card is if you have 5 or fewer cards.
Beyond AAoA, why? (I thought '3' was the magic number.)
@Anonymous wrote:
@Adkins wrote:
@Anonymous wrote:
Ok.....it has been 9 statement later and Iam still not graduated yet. I have never been late or over my CL but 1 time I used like 67 % of my credit but paid off in full before it reported it to the CB. Any one has any info?I'm waiting for my seventh statement to cut this month. I regularly max out my $200 limit and PIF several times a month. I've a few months where it's cut at that. I'll post back if the card doesn't graduate soon.
If it's maxed out WHILE they do the account review, it won't graduate.
It's not, I made sure to make a fithh payment so it'll cut with a $10 balance.
@Anonymous wrote:
@Adkins wrote:
@Anonymous wrote:
@Adkins wrote:
@Anonymous wrote:
Ok.....it has been 9 statement later and Iam still not graduated yet. I have never been late or over my CL but 1 time I used like 67 % of my credit but paid off in full before it reported it to the CB. Any one has any info?I'm waiting for my seventh statement to cut this month. I regularly max out my $200 limit and PIF several times a month. I've a few months where it's cut at that. I'll post back if the card doesn't graduate soon.
If it's maxed out WHILE they do the account review, it won't graduate.
It's not, I made sure to make a fithh payment so it'll cut with a $10 balance.
For future reference, Discover has access to your account balance regardless of whether or not it's the statement balance. So if it cuts, and you max it out again, it could be maxed out during the review.
Then if it happens, it happens. I'm not going to worry about my balance beyond when my statement cuts when I'm using the card.