When does US Bank report successful cli result?

[bourgogne]

Hi, not my account but was $ 500 and went to $10K >> on after the statement cut, end of month or when exactly?  thank you!

[Pikaboo-icu]

If I recall correctly, I believe mine reported with the next statement report. 

[bourgogne]

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@Pikaboo-icu wrote:

If I recall correctly, I believe mine reported with the next statement report. 

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shoot, that is what I was afraid of.  will they do do a refresh on request like chase?  thank you

[Shadowfactor]

It’s the end of the statement.

In my very limited experience (1 request)
They will not do an off cycle request unless they screwed something up.

[imaximous]

I could be wrong, but since USB reports the current balance on the last business day of the month, it won't happen at statement closing.

Your statement will close with the new credit limit, but they most likely won't report till the last business day of that month, and then, it'd reflect a few days later when the bureaus update. But, if the CLI happened in January, there's a good chance it'll reflect in the next few days since yesterday was the last business day of January, and that's balance/limit that gets reported.

[bourgogne]

my god lol, the answers are not clear to me...the due is the 12th, the cut is the 15th, the cli was sometime in 1/19.  thoughts?  thx

[Remedios]

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@bourgogne wrote:

my god lol, the answers are not clear to me...the due is the 12th, the cut is the 15th, the cli was sometime in 1/19.  thoughts?  thx

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If your statement cut on 01/15, it should be reported on last day of January, then you wait a few days for CRA to update. I'd imagine you'll see it on your reports within a week 

[Anonymous]

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@bourgogne wrote:

Hi, not my account but was $ 500 and went to $10K >> on after the statement cut, end of month or when exactly?  thank you!

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US Bank will only report on cycle which for them is at the end of every month.  Your due date and cycle date doesn't chang when they report unfortunately..  you just have to make sure if you want it to report 0 you should pay it a few days before the end of the month. 

[bourgogne]

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@Remedios wrote:

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@bourgogne wrote:

my god lol, the answers are not clear to me...the due is the 12th, the cut is the 15th, the cli was sometime in 1/19.  thoughts?  thx

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If your statement cut on 01/15, it should be reported on last day of January, then you wait a few days for CRA to update. I'd imagine you'll see it on your reports within a week 

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thank you!  its not my account, so what happens with USB on a statement cut date, the statement closes and nothing until the end of the month and then it reports the current balance?  do they record the high bal at the cut date? 

[Caught750]

On the last business day of the month they report the exact status of the account on that date. The statement has NOTHING to do with how US Bank reports to the CRAs.