GEMB Reporting.. Wow!

[Anonymous]

They don't mess around.  Once you make a charge it almost gets instanstly reported.  Once you make a payment it's up to 60 days before the reported balance gets reduced.

Just thought I'd throw that out there...

[Too_much_debt]

Sounds like a bunch of schmucks....

[creditwherecreditisdue]

That sounds very likely. Typical GEMB behavior.

That is one thing I do not like about Macys - instant reporting of increased balances. At least they promptly report again at the end of the cycle.

Message Edited by creditwherecreditisdue on 08-22-2009 02:30 AM

[laz98]

can't say that i have had that experience.

[Anonymous]

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@laz98 wrote:
can't say that i have had that experience.

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I agree...

[marty56]

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@Anonymous wrote:

They don't mess around.  Once you make a charge it almost gets instanstly reported.  Once you make a payment it's up to 60 days before the reported balance gets reduced.

Just thought I'd throw that out there...

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Happens to me all the time.  I put a $38 charge on my Sams card and it shows up the next day and I'm still waiting for it to show 0 balance after paying it on July 7th.  I want no revolving debt to report to see what happens with my TU score since I got my mortage refi and made 1 payment on it.

This gives my an idea for a General Question thread.

[Anonymous]

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@marty56 wrote:

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@Anonymous wrote:

They don't mess around.  Once you make a charge it almost gets instanstly reported.  Once you make a payment it's up to 60 days before the reported balance gets reduced.

Just thought I'd throw that out there...

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Happens to me all the time.  I put a $38 charge on my Sams card and it shows up the next day and I'm still waiting for it to show 0 balance after paying it on July 7th.  I want no revolving debt to report to see what happens with my TU score since I got my mortage refi and made 1 payment on it.

This gives my an idea for a General Question thread.

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This never happens to me an i have 5 accounts with GE. Must be something new that's going on.

Message Edited by mjbfan79 on 08-22-2009 08:47 AM