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