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Synchrony Amazon reporting balance twice in same month

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Anonymous
Not applicable

Re: Synchrony Amazon reporting balance twice in same month


@Anonymous wrote:

Synchrony will also update the cra if you have had a cli.


Not for me. When they auto CLI, I had to wait for the statement date for them to report the CLI.

Message 11 of 13
Anonymous
Not applicable

Re: Synchrony Amazon reporting balance twice in same month


@Anonymous wrote:
I have seen synch report multiple times in a month, if you make a payment expect them to report it.

In future as things link up we may see more "real time" reporting of balances.

I guess I won't pay after the statement balance date then. It defeats my purpose to show some utilization. It's not important, but I like to show at least 1% utilization; I never carry a balance.

Message 12 of 13
shanac
Frequent Contributor

Re: Synchrony Amazon reporting balance twice in same month

The same thing happened to me this month with my Banana Republic card. It usually updates on the 11th of the month but instead they updated on Oct. 1 reporting a balance of $116 then again on Oct. 4 with a $95 balance. The due date is on the 4th of the month and the statement closes on the 11th so I was disappointed as I try to limit the number of cards that report a balance. It ended up not being a big deal but initially I was upset feeling that I couldn't trust them to report per usual. A couple of days ago I noticed that they gave me a credit limit increase of $1800 so I assume this is what caused the funky reporting. They also updated over the weekend to reflect my $0 balance. So that's three times in one month.


iPhone. iTypos. iApologize

Current Score: EQ FICO 764 TU FICO 776 EX FICO 753
Goal Score: 800
Message 13 of 13
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