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Discover approved but..

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Anonymous
Not applicable

Discover approved but..

upon being approved for my Discover it CC on late july ... i still dont see it being reported on any of my Credit reports... anybody experiencing the same.? i called discover and they told me they report to 3 the agencies. 

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Message 1 of 14
13 REPLIES 13
Swapmeet
Valued Contributor

Re: Discover approved but..

Sometimes it takes a bit...but it will. Especially if you carry a balance of any kind. Look at it this way: every month it does not report, is lessening the affect on your aaoa.



My Wallet:
WalMart: ||15k|| USAA Platinum MC: ||26k|| BCE: ||9k|| Chase Freedom Siggy: ||10k|| Discover it: ||6.5k|| SG Visa: ||11k||
USAA World MC: ||23k|| US Bank Cash+ Siggy: ||7.5k|| Citi TYP World MC: ||12k|| Barclays Arrival World MC: ||13k||Citi Double Cash World MC ||25k||Sallie Mae World MC ||18.8k||Fico Scores (3 Fico Monitoring): EQ 751,TU 749, EX 743. Last app: 9-12-14 Sallie
Message 2 of 14
Jaylima91
Established Contributor

Re: Discover approved but..

Discover, along with many other banks, tend to skip monthly reports. It happened to me about a month ago. I had an unusually higher balance on my Discover card and that month they decided not to report it. The following month my UTI went down drastically and they reported it then.

Message 3 of 14
xXIDaShizIXx
Established Contributor

Re: Discover approved but..


@Jaylima91 wrote:

Discover, along with many other banks, tend to skip monthly reports. It happened to me about a month ago. I had an unusually higher balance on my Discover card and that month they decided not to report it. The following month my UTI went down drastically and they reported it then.


Maybe they were trying to help you out lol?

Bank of America Cash Rewards: $70k; Chase Sapphire Preferred: $35k; Capital One Quicksilver: $21.2k; Citi AAdvantage: $23.5k; Care Credit: $20k; Chase Freedom: $12.5k; Chase Freedom Unlimited: $12.5k; Citi Simplicity: $15.9k; Wayfair: $22K; Barclaycard Rewards: $10k; Car Care One: $10k; AMEX BCE: $15k; Discover IT Miles: $10k; Citi DC: $9.2k; Marvel: $10k; Ashley Furniture: $6k; PayPal Credit: $10k; US Bank Cash +: $5k;
Message 4 of 14
baller4life
Super Contributor

Re: Discover approved but..

Takes 2 billing statements before it reports for the first time.
Message 5 of 14
xXIDaShizIXx
Established Contributor

Re: Discover approved but..


@baller4life wrote:
Takes 2 billing statements before it reports for the first time.

So why do they do that exactly?

Bank of America Cash Rewards: $70k; Chase Sapphire Preferred: $35k; Capital One Quicksilver: $21.2k; Citi AAdvantage: $23.5k; Care Credit: $20k; Chase Freedom: $12.5k; Chase Freedom Unlimited: $12.5k; Citi Simplicity: $15.9k; Wayfair: $22K; Barclaycard Rewards: $10k; Car Care One: $10k; AMEX BCE: $15k; Discover IT Miles: $10k; Citi DC: $9.2k; Marvel: $10k; Ashley Furniture: $6k; PayPal Credit: $10k; US Bank Cash +: $5k;
Message 6 of 14
taxi818
Super Contributor

Re: Discover approved but..

There is no way someone here can anwser your question as to why a bank does what it does.

Can you just accept it is what it is and wait like the rest of us?

 

Message 7 of 14
baller4life
Super Contributor

Re: Discover approved but..


@xXIDaShizIXx wrote:

@baller4life wrote:
Takes 2 billing statements before it reports for the first time.

So why do they do that exactly?


Wish I knew. But, since I don't work for Discover, I can't answer that. Smiley Wink

Message 8 of 14
Anonymous
Not applicable

Re: Discover approved but..

Thanks to all for the help ! Makes more sense now 

Message 9 of 14
MidnightJester
Frequent Contributor

Re: Discover approved but..

I can prewarn you now that in the future when you CLI with Discover that the month you get the CLI dosent report the CLI you have to wait till the month after the vast majority of the time.

Message 10 of 14
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