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Balance Amount Reported by Creditors

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SouthJamaica
Mega Contributor

Re: Balance Amount Reported by Creditors


@Cazzieboy wrote:

I have found that on ocassion a credit card creditor will report a current balance amount at the time they report to a credit bureau, rather than the prior ending statement balance amount. I always thought balances reported were always the ending statement amount in order to have a consistent utilization basis. Has anyone else noticed this? Thanks very much.


Here's an older thread in which there seems to be a consensus that Goldman's Apple card reporting is unpredictable:

https://ficoforums.myfico.com/t5/General-Credit-Topics/GS-Apple-Card-Question-about-reporting/m-p/61...

 

If that's the case, this is not an account you want to use for micromanaging your utilization numbers.

 


Total revolving limits 568220 (504020 reporting) FICO 8: EQ 689 TU 691 EX 682




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