Capital one reporting is annoying

EmmyWannabeOrman · ‎10-11-2014

I checked my CR's and noticed since January Capital One does not report the "amount paid" portion. They report the balance and everything else but how much I pay each month. Does this "take away" from my credit score or does it have no impact? I really am annoyed as I have two credit cards with them and pay in a timely fashion ( no lates) and they don't report "correctly." Wouldn't it be nice if they reported that I pay more than the minimum payment? I disputed this by the way

Cap One QS 1950, NFCU 7000, NavChek 6500, Cap One secured 750, IFCU 1000, IFCU (overdraft line of credit) 1000, Express 3100, NY&Co 2650, Victoria's Secret 2650, Exxon/Mobil 300, Zales 500, Kay's 900, Walmart 3500, Bloomingdales 1000, Belks 850, Paypal Smartconnect 1300, Chase Freedom 2000,Chase Slate 500. Gap 4000, BP 3000, Amazon store card 3500

ERoosky99 · ‎10-11-2014

@EmmyWannabeOrman wrote:
I checked my CR's and noticed since January Capital One does not report the "amount paid" portion. They report the balance and everything else but how much I pay each month. Does this "take away" from my credit score or does it have no impact? I really am annoyed as I have two credit cards with them and pay in a timely fashion ( no lates) and they don't report "correctly." Wouldn't it be nice if they reported that I pay more than the minimum payment? I disputed this by the way

Agree 100%! I have two CCs with CapOne trying to rebuild my credit. I PIF each month (usually more than one payment to keep my utilization low), and I also wish they would report more accurately. However, I do not THINK it has a negative or positive impact. As long as they report the balance and you have that utilization below 10% that's what really matters.

Current FICOs: (11-02-15) EQ- 623 (628) / EX- 643 / TU- 679
Starting FICOs: (May 2014) Low to mid 500s (all 3 bureaus)
GOAL: As HIGH as possible! All 3 FICOs above 680/700 will be NICE!!!
Total Credit Limits- $104,120

takeshi74 · ‎10-13-2014

@EmmyWannabeOrman wrote:
Does this "take away" from my credit score or does it have no impact?

See for yourself:

http://www.myfico.com/crediteducation/whatsinyourscore.aspx

@EmmyWannabeOrman wrote:
Wouldn't it be nice if they reported that I pay more than the minimum payment?

As the link above indicates payment amount does not matter. Your minimum payment has no bearing on your scoring either so don't rely on it for anything other than the least you need to pay to keep your account current. If you're worried about scoring it's Utilization (Amounts Owed) that matters.