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When does US Bank report successful cli result?

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bourgogne
Valued Contributor

Re: When does US Bank report successful cli result?


@Caught750 wrote:
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.

DING DING DING >> WE HAVE A WINNER!!

LOL

Message 11 of 15
Shadowfactor
Valued Contributor

Re: When does US Bank report successful cli result?


@imaximous wrote:

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.


This is correct. I completely forgot that USB reported at the end of the month.

 

Both of my USB cards are due at the very end/start of the month.

 





Total Revolving Limits $254,800

Message 12 of 15
bourgogne
Valued Contributor

Re: When does US Bank report successful cli result?

Hi, so its the 4th and I see no update on any bureau, when it the actual update supposed to happen?  please.  thank you

Message 13 of 15
NRB525
Super Contributor

Re: When does US Bank report successful cli result?

This is only the second business day of the month, and barely got started with this day. If no update yet, then it will happen in the next few days.

My three USB accounts have not alerted to MyFICO yet.
High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 14 of 15
bourgogne
Valued Contributor

Re: When does US Bank report successful cli result?


@NRB525 wrote:
This is only the second business day of the month, and barely got started with this day. If no update yet, then it will happen in the next few days.

My three USB accounts have not alerted to MyFICO yet.

got it.  thx.  just trying to get this woman a few new cards and I have a window to do it in and would like to hopefully see the new cl report.  thank you for responding I appreciate it.

Message 15 of 15
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