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Balance reported by the CRAs be rounded up or down?

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cowbouy
Established Member

Balance reported by the CRAs be rounded up or down?

I know that the CRAs only report whole dollar amounts but if I have a balance of $2999.99 on my credit card, will the balance be reported as $2999 or $3000 ? 

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1 REPLY 1
Remedios
Credit Mentor

Re: Balance reported by the CRAs be rounded up or down?

$2999. 

It's not rounded, cents are omitted regardless of the amount due to reporting format. 

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