For example, I know my Discover billing cycle closes on March 6th. Would I expect the balance as of thate date to be reported within a week or so or do they report at end of month etc?
Fico: 701 (5/22/14) 682 (5/9/2014) Discover IT $5,200 / CU Visa $1,000 / JC Penny$3,000 App Free since 2/2013
In my experience all update within a week after the statement cuts. Only exception is TU which in my case is the slowest to update and takes up to two weeks for most of my cards to update on there.
Starting Score: EQ 717 EX 724 TU 736 Current Score: EQ 849 EX 835 TU 841
For example, I know my Discover billing cycle closes on March 6th. Would I expect the balance as of thate date to be reported within a week or so or do they report at end of month etc?
Usually when the new statement cycle generates. However, there can be a lag between what is transmitted to all bureaus from each particular lender versus when the bureaus update their files. Some lenders, like Discover, perform frequent credit bureau updates or mid-cycle reporting regardless of when a statement cycle is generated. Other lenders will not report a monthly zero balance activity if you force "zero balance reporting" (i.e. PIF before stament cycle generates) - it will be reported as a zero balance from last activity on that specific tradeline but will vary by bureau.
Starting Score: EQ 717 EX 724 TU 736